Full text of Treasury Bulletin : November 1980
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Treasury Bulletin
November 1980
DEPARTMENT OF THE TREASURY
WASHINGTON.
OFFICE OF THE SECRETARY
D.C.
November 1980
CONTENTS
Page
Article
VI
Treasury Financing Operations
-
FEDERAL FISCAL OPERATIONS
FFO-l.
-
Summary of Fiscal Operations
i
FFO-2.
-
Budget Receipts by Source
3
Chart
-
Budget Receipts by Source
5
FFO-3.
-
Budget Outlays by Agency
6
FFO-4.
-
Undistributed Offsetting Receipts
8
FFO-5.
-
Budget Outlays by Function
FFO-6.
-
Investment Transactions of Government Accounts in Federal Securities (Net)
11
FFO-7.
-
Trust Funds Transactions
12
ACCOUNT OF THE
9
U.S.
TREASURY
UST-l.
-
Status of the Account of the U.S. Treasury
^'*
UST-2.
-
Elements of Changes in Federal Reserve and Tax and Loan Account Balances
15
UST-3.
-
Gold Assets and Liabilities of the Treasury
16
MONETARY STATISTICS
MS-l.
-
Currency and Coin in Circulation
''
FEDERAL DEBT
FD-l.
-
Summary of Federal Debt
^^
FD-2.
-
Computed Interest Charge and Computed Interest Rate on Interest-Bearing
Public Debt
^^
FD-3.
-
Interest-Bearing Public Debt
FD-4.
-
Government Account Series
FD-5.
-
Interest-Bearing Securities Issued by Government Agencies
FD-6.
-
Participation Certificates
FD-7.
-
Maturity Distribution and Average Length of Marketable Interest-Bearing
Public Debt
FD-8.
-
Debt Subject to Statutory Limitation
FD-9.
-
Status and Application of Statutory Limitation
FD-10,
-
Treasury Holdings of Securities
'"''
20
21
"
24
25
PUBLIC DEBT OPERATIONS
PDO-l,
-
Maturity Schedule of Interest-Bearing Marketable Public Debt Seonrltles
27
PDO-2.
-
Offerings of Bills
^^
PDO-3.
-
New Money Financing through Regular Weekly Treasury Bills
30
PDO-4.
-
Offerings of Public Marketable Securities
'^
PDO-5.
-
Unmatured Marketable Securities Issued at a Premium or Discount
35
PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable
Securities
PDO-7,
-
Disposition of Public Marketable Securities
PDO-8.
-
Foreign Series Securities
PDO-9.
-
Foreign Currency Series Securities
PDO-10.
-
Foreign Currency Series Securities Issued to Residents of Foreign Countries....
^3
46
53
Ji
Treasury Bulletin
CONTENTS
UNITED STATES SAVINGS BONDS
Page
SA
SB-l.
-
Sales and Redemptions by Series, Cumulative
SB-2.
-
Sales and Redemptions by Periods, All Series Combined
54
SB-3.
-
Sales and Redemptions by Periods, Series E through K
55
SB-4.
-
Redemptions of Matured and Unmatured Savings Bonds
57
j
UNITED STATES SAVINGS NOTES
SN-l.
-
Sales and Redemptions by Periods
58
OWNERSHIP OF FEDERAL SECURITIES
OFS-l.
-
Distribution of Federal Securities
59
OFS-2.
-
Estimated Ownership of Public Debt Securities
&0
TREASURY SURVEY OF OWNERSHIP
TSO-l.
-
Summary of Federal Securities
&1
TSO-2.
-
Interest-Bearing Marketable Public Debt Securities by Type and Maturity
Distribution
62
62
TSO-3.
-
Interest-Bearing Marketable Public Debt Securities by Issue
TSO-4,
-
Securities Issued by Government Agencies
64
TSO-5.
-
Securities Issued by Government-Sponsored Agencies and D.C
64
MQ-l.
-
Treasury Bills
65
MQ-2,
-
Treasury Notes
65
MQ-3.
-
Treasury Bonds
67
Chart
-
Yield of Treasury Securities
68
AY-l.
-
Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds
69
Chart
-
Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds
'0
MARKET QUOTATIONS ON TREASURY SECURITIES
AVERAGE YIELDS OF LONG-TERM BONDS
INTERNATIONAL FINANCIAL STATISTICS
IFS-l.
-
U.S. Reserve Assests
71
IFS-2.
-
Selected U.S. Liabilities to Foreigners
72
IFS-3.
-
U.S. Liabilities to Official Institutions of Foreign Countries by Area
73
IFS-4.
-
Nonmarketable U.S. Treasury Bonds and Notes Issued to Official Institutions
and other Residents of Foreign Countries
74
IFS-5.
-
U.S. Position in the International Monetary Fund
75
IFS-6.
-
Weighted-Average of Exchange Rate Changes for the Dollar
76
^
November 1980
CONTENTS
CAPITAL MOVEMENTS
LIABILITIES TO FOREIGNERS REPORTED BY BANKS
p«8«
-
U.S.
CM-I-1.
-
Total Liabilities by Type of Holder
CM-I-2.
-
Total Liabilities by Type, Payable in Dollars
CM-I-2.
-
Total Liabilities to Nonmonetary International and Regional Organizations by Type,
Payable in Dollars - Part B
81
CM-I-3.
-
Total Liabilities by Country
82
CM-I-4.
-
Total Liabilities by Type and Country
83
CM-II-1.
-
Total Claims by Type (Old Series)
84
CM-II-2.
-
Total Claims by Type (New Series)
84
CM-Il-3.
-
Total Claims by Country
85
CM-II-4.
-
Total Claims by Type and Country Reported by Banks in the U.S
86
CM-II-5.
-
Banks' Own Claims, by Type
87
CM-II-6.
-
Banks' Own Claims by Type and Country Payable in Dollars
88
CM-II-7.
-
Domestic Customers' Claims by Type
89
79
-
Part A
80
CLAIMS ON FOREIGNERS REPORTED BY BANKS IN THE irNITED STATES
SUPPLEMENTARY LIABILITIES AND CLAIMS DATA REPORTED BY BANKS
-
U.S.
CM-III-1.
-
Dollar Liabilities to, and Dollar Claims on. Foreigners in Countries and Areas Not
Regularly Reported Separately
90
CM-III-2.
-
Dollar Claims on Nonbanklng Foreigners
91
LIABILITIES TO FOREIGNERS REPORTED BY NONBANKING BUSINESS ENTERPRISES IN THE UNITED STATES
CM-IV-1.
-
Total Liabilities by Type
92
CM-IV-2.
-
Total Liabilities by Country
93
CM-IV-3.
-
Total Liabilities by Type of Country
94
CLAIMS ON FOREIGNERS REPORTED BY NONBANKING BUSINESS ENTERPRISES IN THE UNITED STATES
CM-V-1.
-
Total Claims, by Type
95
CM-V-2.
-
Total Claims, by Country
96
CM-V-3.
-
Total Claims, by Type and Country
97
CM-Vl-1.
-
Foreign Purchases and Sales of Long-Term Domestic Securities
98
CM-VI-2.
-
Foreign Purchases and Sales of Long-Term Foreign Securities
98
CM-VI-3.
-
Net Foreign Transactions in Marketable U.S. Treasury Bonds and Notes by Country...
99
CM-VI-4.
-
Estimated Foreign Holdings of Marketable U.S. Treasury Bonds and Notes by Country..
lOO
CM-VI-5.
-
Net Foreign Transactions in Long-Term Domestic Bonds
101
CM-VI-6.
-
Net Foreign Transactions in Domestic Stocks by Country
102
CM-VI-7.
-
Net Foreign Transactions in Long-Term Foreign Bonds by Country
103
CM-VI-8.
-
Net Foreign Transactions in Foreign Stocks by Country
104
CM-VI-9.
-
Foreign Purchases and Sales of Long-Term Securities, Latest Date
105
CM-VI-IO.
-
Foreign Purchases and Sales of Long-Term Securities, Latest Year
106
TRANSACTIONS IN LONG-TERM SECURITIES BY FOREIGNERS
IV
Treasury Bulletin
CONTENTS
FOREIGN CURRENCY POSITIONS
*^^
SUMMARY POSITIONS
FCP-I-1.
-
Nonbanking Firms' Positions
108
FCP-I-2.
-
Weekly Bank Positions
108
FCP-I-3.
-
Monthly Bank Positions
108
FCP-II-1.
-
Nonbanking Firms' Positions
109
FCP-II-2.
-
Weekly Bank Positions
109
FCP-II-3.
-
Consolidated Monthly Bank Positions
110
FCP-III-1.
-
Nonbanking Firms' Positions
Ill
FCP-III-2,
-
Weekly Bank Positions
Ill
FCP-III-3.
-
Consolidated Monthly Bank Positions
112
FCP-IV-1.
-
Nonbanking Firms' Positions
113
FCP-IV-2.
-
Weekly Bank Positions
113
FCP-IV-3.
-
Consolidated Monthly Bank Positions
114
FCP-V-1,
-
Nonbanking Firms' Positions
115
FCP-V-2.
-
Weekly Bank Positions
115
FCP-VI-1.
-
Nonbanking Firms' Positions
116
FCP-VI-2.
-
Weekly Bank Positions
116
FCP-VI-3.
-
Consolidated Monthly Bank Positions
CANADIAN DOLLAR POSITIONS
FRFNCH FRANC POSITIONS
GERMAN MARK POSITIONS
ITALIAN LIRA POSITIONS
JAPANESE YEN POSITIONS
117
SWISS FRANC POSITIONS
FCP-VII-1.
-
Nonbanking Firms' Positions
118
FCP-VII-2.
-
Weekly Bank Positions
118
FCP-VII-3.
-
Consolidated Monthly Bank Positions
119
FCP-VIII-1.
-
Nonbanking Firms' Positions
FCP-VIII-2.
-
Weekly Bank Positions
120
FCP-VIII-3.
-
Consolidated Monthly Bank Positions
121
STERLING POSITIONS
UNITED STATES DOLLAR
,
120
POSITIONS ABROAD
FCP-IX-1,
-
Nonbanking Firms' Foreign Subsidiaries' Positions
122
FCP-IX-2.
-
Weekly Bank Foreign Office Positions
122
FCP-IX-3.
-
Monthly Bank Foreign Office Positions
I23
November 1980
CONTENTS
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Page
FEDERAL CREDIT PROGRAMS
GA-II-1,
-
Direct Sales and Repurchases of Loans
GA-III-1.
-
Civil Service Retirement and Disability Fund
126
GA-III-2.
-
Federal Old-Age and Survivors Insurance Trust Fund
127
GA-III-3.
-
Federal Disability Insurance Trust Fund
128
GA-III-i.
-
Federal Hospital Insurance Trust Fund
130
GA-III-5.
-
Federal Supplementary Medical Insurance Trust Fund
131
GA-III-6.
-
Railroad Retirement Accounts
132
GA-III-7.
-
Unemployment Trust Fund
133
GA-III-8.
-
National Service Life Insurance Fund
135
GA-III-9.
-
Investments of Specified Trust Accounts in Public Debt Securities and Agency
Securities
136
125
TRUST FUNDS
Cumulative Table of Contents
137
.
VI
,
Treasury Bulletin
Treasury Financing Operations
Auction of 2-YaT
Atiotlon
$/i,'iOO
mi
of
Inn
It
Notw
U
Octobnr
On
Novnraher
Trn«niiry
t)i«>
million
of
million n«w caah,
$l,l!)0
October
II,
Octiibtir
11
13-l/Hl
W4II
ini
iittci
.m
nccflptfil
trrtunUtn.l
iiiK
I
ilntttimlrtat Ion
ihtt
hrniii,
viflWI
a
mntiirity.
1
HHO,
U,
A|>ri1
An<l
mrr
to which
dvurjidf
ihff
<1ii«
II)
coupon
A
«n
roinr
ol
rt<ii>l«in
Tenders
tho
ware
nol«i
ritcnivrd
»ini
1:10 p.m.,
KUST, Octohar 22 and tatAted $8,)00 million, of which $4,500
ml
99,888
U)
u|>
91 mil
for
full
coaptnd
wim
lion
1
pricB •)9.76/.
12.26X,
Hon
or
rMnging
yinlilH
«t
from
Inmi
tiny
from 12,
NoiKompot
it
blddur wuin
iiiitf
thu NvornKo yinld of Hccaptad t«ndarii,
AL
99,801,
totaled $1,346 million.
Tltf)«n
of accMpttfd tnndari «l»o
tb« AvnrNKR
price
foreign
intornut ion«l
«nil
from Pudwral
ioit
1 1
m
«Rnnt
for
h
exchanR«
in
12.95X,
price
Noncompet
it
full
in
t
ani'tion
accaptod at
Federal
n
million
$420
<ui<i|Ht*a
(<*n<U<rfi
CnndorH
of
wera
average price from Governiuant accoiuita
the
Rnaerve Bankn for their iwn acconnt
1Vn.l.M.i
Kni'ivo.t
Huromi ol
the
at
D.C.
Bnaror
notaa
ragiatered
Fi^dnnl
«t
noCea,
with
aa
the
in nxclinnK"
Debt,
coupona
principal
to
Hi.Hoivn
I'ublic
interaat
to
mi
91
yield od
99.342.
less were accepted
accepted
tenders,
13.07X,
totaled S170 million.
Tlii--..'
procnaa,
ion
nticl
accepted
$220
mi
1 1
tenders
of
ion
were
average price from Government accounts and
the
at
Reserve Banks for their own account in exchange for
federal
mntnrlng
securities
million
$190
and
tenders
of
were
accepted at the average price from Federal Reaerve Banks aa
agent a
foreign
for
intnrnat iona
and
monotary
I
Authorities
for now caah.
A coupon rate of 12-3/4X waa act on the bonda of 200510 after the determination as to which tenders were accepted
on A yield basis,
the average of which
nnd
b.inkii
WaaliiiiKton,
and
into rent
be dAtad November
wilt
nut
mat ur
i 1
i
y
t
translated
due November 15,
1980,
15,
2010,
on May 15 and Novembor 15
v
I
Into an
The bonds of 2005-
100.000.
with interest payable rmiannual
Tenders
for
attached,
and
price
13.121,
ion or
1
1
addition to thu $2,251 ollUon of tandera accepted
In
tlu'
.
wt^rc
for
November
K<;t.
w<M.'
and
received
anil
maturing aecurit lea.
braiichna
uynrHge
the
at
up
for
flvornge accepted price cloae to
t<180.
million ol
$^>.S()0
rl)i<
procnaii,
100.276,
tendnm
ive
price 99.616.
tn
In addition
th«
In
wore
11-1990
million
of itiiKtcm
monetary atithori t leu
II,
in
12,341, prictt
RenervK n«nka
for avcuriti^M mnluiiitK Octohi^i
t.'n.l.n»
aL-vppCii<l
$/i.'inO
Tlit.
$^B'S mi
incliitlKd
prlci*
l*)t,
ivn
Series
of
wtiioh
ol
i 1
notes
the
for
of which $2,251 million waa accepted at yielda ranging froa
in
tor
on May
ly
t
until 1:30 p.m., KST, Novembor 6, and totaled $4,359 nitllon
into no nv.TflRc «ci-«ptf.l (trirf clom- to llUl.OOO.
ron.lBm
1990, with Interest payable nemi nnnna
15,
November 15 until maturity.
1^ and
$1,W0
(o
worn TrnAnurv
nfrnrttti
payiM" on
i.il.<i.<ni
vcai
PMi'li
ill
mxl
1980,
,
to hr AmX*A Octob«>r
wub
IVHif.
31
w.»il<l
il
rffuml
To
nornii
nnt««
Ttio
NorsR of Hi>ri«a X-19H;f,
w»r«
2-yo(ir
Octabar
murnrintl
natf^m
rhni
niuiounci*.!
bonds wcro
the
received until
mill ion
WAA
100.461
up to 12,871, price 99,090,
for
,
Accepted
ranging
yielda
At
from I2.69X,
price
Noncompetitive tendora
million or tesa from any one bidder were accepted In
$1
full
1:30 p.m,
and totaled $3,819 million of which $2,000
7
the average yield of accepted tendera,
at
99.543.
12.81Z, pric*
totali'd $142 million.
Ttieao
authoriaod to bn iaaued in denomlnat iona of $5,000, $10,000.
addition to the $2,000 million ot
In
$100,000, and $1,000,000,
in
auct ion
the
accepted at
November Km fundin g
public
the
auction,
at
noncompetitive bidding,
notea of
up to
undar
wvml.l nitll
il
competitive
million
$4,922
publicly
of
Treaaury
held
••curitiea maturing November 15. and to raiao S3, 100 mi
II
ion
after
the
determination
accepted on a yield baaia,
which
to
aa
tenders
tho average of which
of Seriea 0^1984 will
he dated November
15.
notoa
Tlio
1980.
dut'
Hnv
*-
nnd
with interest payable aemiannuallv on May
1984.
wore
tranalated
into an average accepted price cloae to 100.000,
I
the
tor
notea ot
1:30 p.m., KST. November
cash,
and totaled $ft,451 million
price
100.438,
up
to
13.40X.
price
full
securities
maturing on or
available to the
Treaaury by that
Tlie
at
banks
branchea
and
Waahington.
coupons
and
Hearer
D.C.
attached,
principal
and
$1,000,000
and
of
for
$
1 ,
the
S10,000,
000
$5
issues
$100,000,
average yield of accepted tendara,
Che
Thoae
99,837.
totaled
$60t>
million.
In
13.311,
addition,
October
On
tendera
2
14,
Reaerve
Banka
monetary
agents
aa
authoritioa
foreign
for
and
exchange
in
for
the
In addition
to the $3,752 million o(
auction
the
procoaa,
million
$500
tenders accepted
of
tenders
were
in exchange
determination
the
accepted on a yield baaia,
Series
aa
a»
to
which
tenders
the average of which
accepted price cloae to 100,000.
B-1990
will
On
$4,000
A coupon rate of 13X waa aet on the notes of Seriea B-
of
registered
S
,
1
,
to
000 ,
and
aa
to
Issued
in
100 000
$
lO-year notea
of
be
Debt,
intereat
and
,
and bonds,
and
$1,000,000 for the issue of
wore
tranalated
agenta
dated
November
15,
1180.
approximately
1981.
The iaaue was to
14 and
to
Tendera were opened on October
October
million
6,
wan
refund
to
Federal
Reserve
foreign
for
24
and
tendera were
Banks
of
354-day
$3,903
invited
Treaaury
million
of
for
bilU
359-day
was
1 1
monetary
.
1
36t
»ipproximately
to
19«l.
bills
November 6 and to raise $97 million new caah,
million
issued at
thomaelvaa
for
international
1980, and to mature November 5,
notea
due
for
The average bank diacount rate was
November
$4,001
be
invited
$1,238 million of the billa
to
opened on October 30.
Tlie
were
$160 million of noncompetitive tenders
and
Average price
authorities.
for
maturing securities.
into an average
and
including
public
average price from Government Accounts and
Reserve Banks for their own account
after
000
with
-mey totaled $8,095 million, of which $4,000 million was
accepted,
from the
aecuritiaa maturing November 15, 1980.
li)«»0
,
Federal
at
Public
hi>
$3,454 million of billa maturing October
8.
Federal
international
Federal
bonda
authorised
and to mAture October 8,
1980.
refimd
to
the
i
$4,000 million of 359-<lay Treaaury bills to be dated October
raise $546 million new cash.
accepted at
of
52-WeMk Bills
$455 million of the notea were alloted at tho average price
in
immrdintwly
fiiudn
bondn,
and
and
were
In
1980,
15,
dAt*'.
tlurrau
notew
notes
interest
donomi na t iona
the
at
1980,
15,
before November
which were to be accepted at par, or other
99.592,
Noncompetitive condora for $1 million or leas were accepted
in
accppted tendera in all three auct iona waa
for
Seriea (.-1984 were received
5,
of which $3,752 million waa accepted at yiolda ranging from
13.09X,
for
3-1/2 year notea.
Tendem
price
in exchange
to be completed on or before November
$5,000,
November 1^ until maturity.
until
ware
accounta and
Tenders wore received in aII of the auct iona
A coupon rate of IJ-1/4X waa aet on the notea of Sariea
15,
tenders
of
average price from Government
the
Payment
rec|uir«d
new caHh.
C-1984
tundcra accepted
ion
1 1
and
Sariea 0-1984, $2,250 million of 10-year notea of
refund
to
mi
59
1
aecuritiea maturing November 15. 1980.
$3,750 million of 3-1/2-yaar
Seriea H-1990, and $2,000 million of 30-year bonda of 200510
$
,
Roaerve Banka for their own Account
Fi'deral
On October 29 the Tr««»Miv announced that
to
process
he
dated
n,*,
inane
maturing
Tendera were
They totaled $6,602 million, of which
accepted,
including
$203
mi
1 1
ion
1
November 1980
VU
Treasury Financing Opera tionB-Continued
noncorap^t
the
t
i
bill*
Banks
i
v» rrnd^r*
inmir.A
t
ran*)
t
wa«
and
price
amenta
a«
5 2 -week
Ma
bi
Rj>aerve
foreign
for
The
With
Novenber 13, 1979 waa coapleted.
Federal
to
anthorit lea.
)2,2I9Z.
period for
ion
avKnig*
aonetary
rate
and
bank
averaiie
offering
thia
the
be^^un wi th
the
of
aaiie
f
^2-^eek iaauea will reaune
their full 364-day tern and will both be iaaued and Muture
announrementa
with
Thuradaya,
on
Tenders
from Ch< public unH 91, ^26 million of
th«!
chenaelvea
for
internat iona)
di'acoMnt
at
nornuilly
be
to
on
mad*-
Pridaya.
branches
Debt
Psyment
accompany all
over
Traasury,
fijl
be
at
wist
for
be
par amount
I
tendera attbmltted
book-entry
the
ski
910,000
the
for
records
banVa
Che Hureau of
at
s
V^a^rv^
Ccdf-rsl
nt
tender
Rach
Tendera
9!^,000.
ved
indi vtdtial
Washf nftton.
,
910,000.
on
rerrei
«r«*
from
and
the
! niaam
of
ml ti pies
of
a
In
and
fubl ir
applied
for
Mjat
for billa to be maintained
of
Department
the
of
the
A caah adjuatabtnt will be made for the diffaranca
between the par payment subnitted and the actual iaaue prlre
a€
determined
auction.
the
In
No
depoafC
arrompany
need
tendera from incorporated banks and trust compsnies »nA from
Caah Manageiaent
B*
On Noveaber
million
94,000
tlovettber
tendern were
,
and
to
1
nv{ ted
Treaaury
64-day
of
I9»0,
17,
raaponalble and reco^nijEed dealers in investment securities
a
1
7
mmt^trm
Laaue wa« to raiae new caah.
approxliutely
for
bflla
December
to
laaned
be
The
19^0.
31,
Tendera were opened Novenber
They totaled 912,422 nillion, nf which 94.002 nfllion
12.
waa accepted.
nv-r^r,^ bank dinro'int
'fli»
rate waa
\'i.ftH'fZ.
for
bills
maintained
be
to
on
the
of the par amount of
tenders
the bill
appi ied
a
from
billa
auch
for
book-entry
records
of
A deposit of i percent
Reserve banks and branchea.
Federal
ojat
for
unless
others,
accoaqtan/
express
mn
guaranty of payment by an incorporated bank or trust compsny
acconpanfea the tenders.
Noncompetitive tenders 'without stated price), usually
13-Week and 26-Week Billa
Iaauea
reguler
of
for 9500,000 or
Trntmury
weekly
totaled 939,000 million.
billa
October
In
Theae iaauea were offered for caah
and in exchanjge for bills mat'jrinjg in the anount of $37,700
Million.
In
the 13-week aeriee,
$3,900 Billion.
In
there were five
26-week
the
iaauea of 93,900 lllion.
aeriea,
the weighted
were
five
Average rates for the new iaauea
price of accepted competitive bids for
avers;;*;
Payment for accept e^i tenders
must.
isade
htr.
or
<;(/at(ilet.*!d
on the date of iaaua, in caah or other immediately available
funds
or
in
a
53-w«ck
and
week,
amount
par
ika
I
maturing on or before that
are shown in the followinft table.
for each Issue of
»n iaaua.
iaauea of
there
less from any one bidder,
13-week, 26-week, and 52-week billa, art accepted in full at
may
billa
of
not
be
securities
Treasury
Payment
4mtti.
13-week,
for
ma4e
credit
by
26in
Treasury tax and loan accounts.
Annual average rate
(bank discount batie)
Date of Issue
Bonmarketable
Forei;;
Foreign
'.tiea
'
Covernmenta
Dollar denominated foreign aeriea securities Issued to
inatltuttona
official
consisting
October
11,524
11,294
11.339
11,414
12.332
2
9
16
23
30
their
art
bills
and
par amount
are
sold
noncompetitive
is
on
a
discount
bidding,
payable without
axui
intereat.
October
arvi
4
11.408
12,285
outatanding totaled %\H ,Vi% million,
under
maturity
All
amriia
of 910,000 and in any higher 95,000 mltiplc, on the racorda
either of the Federal Beaerve banks and branches, or of the
the
month
dol lar
)-
totaled
*885
denominated
totaled
million.
foreign
million,
9531
certificates.
October
iaaucd entirely in book-entry form in a minimum amount
Department of the Treaaury.
in
during
baais
at
bills
U.2B0
Treasury Bills (Other than Cash Hanagement Bills) - Cenaral
Treaaury
3
11,718
11.140
page 51
competitive
of
At
series
i*de«ptiona
the
end
of
eecurities
(Detaila arm ahown on
.
..
.
.
November 1980
.FEDERAL FISCAL OPERATIONS.
Table FFO-1. -
Summary
of
Fiscal Operations
(In millions of dollars)
Budget receipts and outlays
Means of
f
inancing--net transactions
Borrowing from the publ ic--Federal securities
Fiscal year
or month
Surplus
Net
Net
or
receipts J_/outlays 2/ deficit (-)
1-2
Public
debt
securities
1972
1973
1974
1975
1976
T.O
1977
1978
1979
1980
1981 (.Est.).
1979-Sept.
Oct
Nov.
.
.
.
.
Dec...
1980-Jan
Feb
Mar
Apr. .
May.
June
.
.
.
.
.
.
July...
Aug....
Sept.
.
(1)
(2)
208,649
232,225
264,932
280,997
300,006
81,773
.357,762
401,997
465,940
232,021
247,074
269,620
326,185
366,439
94,729
402,725
450,836
493,221
520,050
604.026
579,011
633,791
(4)
(5)
-23,372
-14,849
-4,689
-45,188
-66,434
-12,956
-44,963
-48,839
-27,281
29,131
30,881
16,918
58,953
87,244
14,269
64,139
72,705
54,975
-1,269
216
903
-1,069
-58,961
-29,766
81,182
n.a.
n.a.
3,633
n.a.
94
n.a.
-689
-403
-11
-34
89
-77
13,379
268
7,046
11,283
-13
-19
-80
-64
9,116
-1,968
1,418
4,2 50
17,226
-13,716
-4,869
10,334
-21
-35
-155
16
47
-2,180
-1,284
1,099
60
-13
129
27
37,348
44,259
53,544
52,409
50,755
47,289
-15,062
-6,496
6,255
4,068
11,741
14,278
-83
-5,751
33o'
597
7,982
6,2 60
-3,661
2,063
8,495
-40
-34
-36
9,737
11,111
81,182
579,011
f
inane ing--net
36
-66
201
102
17
-2
1,220
6
-93
742
2,151
35
25
123
26
261
1,173
-3,186
10,051
transactions-Con.
Selected balances, end of period
Federal securitie=,
Transactions
not applied to
year's surplus
or deficit 9/
Total budget
financing
7-8-9-10
-11-12+13+14
.
Footnotes on following page.
Treasury
operating
y
cash
U.S.
Fubl ii
debt
securi ties
(18^
44,^63
48,839
27,281
7,589
14,835
17,414
19,104
22,444
24,176
426,435
457,317
474,235
533,188
620,432
634,701
698,840
771,544
826,519
-12,625
58,961
20,990
907,701
n.a.
29,766
3,294
-341
-1.077
Fiscal 1980
to date.
General account of the
U.S. Treasury
(16)
July...
Aug.
Sept. ..
.
-IKh
n.a.
,024
764
132
678
-5,914
-2,535
10,276
-7,768
3,430
1,796
2,325
1,505
-441
1,072
-3,822
.
-3,186
70,515
n.a.
1
5,201
2,066
11,802
4,632
5,350
-4,615
1980-Jan
Feb
Mar
Apr....
May
June.
.
-594
-2,237
50
12
-1,823
.
525
1,121
-2,644
4,796
-2,961
1,839
2,523
4,209
-3,623r
-2,121
-1,901
1,086
.
647
-172
-385
684
-75
1,629
-1,570
7,246
2,579
1,690
3,340
1.732
-22
-35
-18
-87
-35
-103
1,426
n.a.
.
91
123
-302
-59
-267
352
-716
1,668
2,068
-3,380
2,579
6,896
8,860
6,558
7,908
-303
1980
.
-988
10,051
-1,380
-1,417
-1,640
(12)
1,079
-1,264
-616
n.a.
10
(11)
711
-8
245
19,442
19,275
3,009
50,853
82,913
18,507
53,516
59,106
33,641
724
(10)
-4,559
-9,346
-13,215
9,860
-14,127
12,353
4,958
-3,921
-1,290
1,968
-1,956
-199
2,004
2,246
J, 945
.
(9)
drawing
rights 7^/
47,988
47,203
46,566
51,237
50,198
46,702
1972
1973
1974
1975
1976
T.O
1977
1978
1979
.
(6)
8,420
11,822
14,813
7,031
4,341
-3,514
9,243
12,181
19,685
(13)
t.
5/
Gold
tranche
Special
drawing
rights 6^/
43,429
37,862
33,351
61,097
36,071
59,055
Other 8/
Nov
Dec
U.S.
Treasury
operating
cash
2,217
5,548
11,207
Fiscal year
or month
Oc
Within genera
account of th
U.S. Treasury
17,760r
-14,708
-8,522
-1,393
Means of
1979-Sept...
Total
4+5-6
29,543r
47,807
46,841
44,010
,
1981 (Est.)
ties
Inves Cments of
Governmen t accounts 4/
47,302r
33,099
38,320
42,617
Fiscal 1980
to date.
.
y
Agency
securi-
Cash and monetary assets (Deduct)
1
,442
340
451
,
-7,312
-6,727
-2,453
-8,318
-9,490
-8,897
23,372
14,849
4,689
45,188
66,434
12,1156
11,785
13,854
10,473
Agency
securi t ies
Inves tmen ts
of Govern-
Held by the
public
10/
ment accounts
184-19-20
(lo)
10,894
11,109
12,012
10,943
10,953
11,678
10,298
8,881
7,232
6,616'
(21)
113,559
125,381
140,194
147,225
151,566
148,052
157,29 5
169,477
189,16'
323,770
343,045
346,053
396,906
479,819
498,327
551,843
610.948
644,589
199,212
715,105
n.a.
-17,760r
14,70a
8,522
1,393
24,176
10,460
5,591
15,924
826,519
826,787
833,833
845,116
7,232
7,213
7,132
7,068
189,162
187,19)
188,611
188,623
644,589
646,806
652,354
663,561
-555
-1,051
-3,323
-508
-2,136
-343
4,559
9,346
13,215
-9,860
14,127
-12,353
16,602
10,688
8,154
18,430
10,662
14,092
847,695
854,591
863,451
870,009
877,917
677,614
7,046
7,011
6,993
6,905
6,871
6,768
185,979
190,775
187,814
189,653
192,176
196,385
668,762
670,827
682,630
687,261
692,611
687,997
-1,315
-1,810
-1,796
15,062
6,496
-6.255
10,432
12.494
20,990
881,682
893,424
907,701
6,685
6,651
6,616
190,634
191,231
199,212
697,734
708,844
715,105
392
342
-521
20,990
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Footnotes to Table
Source:
Monthly Treasury Statement of Receipts and Outlays of the
United States Government,
Note:
Budget estimates are based on the Current Budget Estimates, July
1980, released on July 21, 1980, by the Office of Management and Budget,
For detail see Table FFO-2.
1/
For detail see Table FFO-3.
'il
3/
The joint Treasury-Office of Management and Budget Press Statement,
released with the Monthly Treasury Statement, has adjusted these totals
to include operating expenses and interest receipts of the Exchange
Stabilization Fund. The totals in the press release are $493.6 billion
for outlays and -$27.7 billion for the deficit.
4/
For detail see Table FFO-6.
5/
Beginning fiscal 1975, balances "Within general account of the U.S.
Treasury" are presented in columns 9 and 13.
h_l
Represents holdings of special drawing rights, less certificates issued
7/
8/
9/
10/
FFO
-1
to Federal Reserve banks.
Represents activity of the International Monetary Fund,
Includes: public debt accrued interest payable to the public, deposit
funds, miscellaneous asset and liability accounts, and as of July 1974,
the gold balance.
Includes: Seigniorage; increment of gold; fiscal 1969 conversions of
certain corporations to private ownership; fiscal 1970 reclassification
of Commodity Credit Corporation certificates of interest; fiscal 1974
conversion of interest receipts of Government accounts to an accrual
basis; and net outlays of off-budget Federal agencies.
Also includes
rural electrification and telephone revolving fund since May 12, 1973,
Postal Service fund since July 1973, Federal Financing Bank since
July 1974, housing for the elderly or handicapped fund from August
22, 1974, through September 30, 1977 and Pension Benefit Guaranty
Corporation since September 17, 1974.
For detail see Table FD-6.
Not available, r Revised.
,.. ....
.
,
November 1980
.FEDERAL FISCAL OPERATIONS.
Table FFO-2. - Budget Receipts by Source
(In millions of dollars)
Social Insurance
taxes and contributions
Income taxes
Fiscal year
or month
Cnrpnra t inn
Net
budget
receipts
Rmployment taxes and contributions
Net
income
Withheld 1/
1076
T.O
U)
7 7
1178
l')7<)
1980
1981
(Est.).
.
.
.
Apr.
May. ...
June.
.
.
.
-luly. ..
Aug
Sept.
.
7,780.
7^,663
6,280
66,383
344,535
156,939
10,096
2,543
1,684
10,667
463
1,068
524
460
9,633
1,476
1,160
10,206
32,975
20,158
20,133
30,398
10,087
7,957
11,899
7,751
10,087
7,957
11,899
7,751
465
697
2,237
1,420
9,508
9,171
1,230
15,804
29,093
16,942
18,565
40,6 59
10,505
43,594
9,502
14,439
10,541
13,651
15,349
10,604
9,502
14,439
10,541
13,651
15,349
10,097
2,136
1,367
21,909
20,894
8,439
15,103
11,725
8,439
15,103
11,725
26,856
15,522
9,056
31,488
9,275
27,791
2,702
2,117
10,255
10,244
1,866
16,251
1,073
635
447
1,324
796
429
19,773
19,527
26,9 36
2,673
1,848
481
62,348
47,065
47,302r
33,099
38,320
42,617
16,194
17,777
18,725
19,402
7,349
1,183
589
952
43,429
37,862
33,351
61,097
36,071
59,055
17,821
19,473
18,085
17,143
18,111
19,795
9,061
1,230
2,998
24,937
2,101
9,380
37,348
44,259
53.544
19,517
19,220
18,732
1,580
1,103
R,612
1980-Jan
Feb
Mar
ltl7S
5,181
12,027
10,592
10,937
1,385
262,868
1979-Sept..
Oct....
Nov.
Dec
Iil7'4
41,237
45,559
54,166
65,016
74,075
78,792
21,475
90,701
102,589
118,521
136,960
23,341
18,682
18,972
20,192
157,626
180,988
217,841
244.069
604,026
1''71
201
278
342
163
26
38; 801
,
113,015
126,903
139,153
157,571
163,007
172,204
47,175
212,512
240,940
283,518
308,669
278,152
223,802
14,522
14,143
21,866
23,952
34,013
27,367
958
29,293
32,070
33,705
43.479
76,490
83,200
98,093
112,092
122,071
123,441
32,950
144,857
165,254
195,331
Old-age disability, and
hospital insurance
26,785
32,166
36,153
38,620
40,621
41,409
8,460
54,892
59,952
65,677
64,600
30,320
34,926
39,045
41,744
45,747
46,783
9,809
60,057
65,380
71,448
72.380
86,230
94,737
103,246
118,952
122,386
131,603
24,262
25,679
27,019
30,812
34,328
35,528
6,809
42,062
47,804
56,215
63,746
188 392
208 649
232 225
264 ,932
280 ,997
300 ,006
81 ,773
357 ,762
401 ,997
465 ,940
520 ,050
ri7i
\»ii
taxes
9
,
5
U
3,535
2,760
2,893
3,125
5,125
5,374
1,348
5,164
5,428
5,771
747
537
64
7
518
447
479
535
360
408
400
518
636
507
40,
".
\
7
VI
I
1
156.436
Fiscal 1980
to da te.
72,380
223,802
.
Social
insurance taxes and
Employment taxes and contributions-Con.
Fiscal year
or month
Net
employment
taxes and
con trlbu t ions
1977
1978
1979
1980
1,823
2,190
2,313
2.r'0
2,312
1981(Est.).,
2,861
2,861
159,297
9?1
,009
1 ,190
1,412
I
1975
1976
1,490
1,525
T.O
3
I
'ISO
1
,008
,189
I
,41
1
1
1,489
1,52 5
28
,909
1
1
,90K
.822
1979-Sepl...
Oct
Nov.
Dec...,
.
.
10
360
1(,0
212
212
1980-Jan
23
Feb
385
207
23
33 5
207
Mar
Apr.
.
May
June .
17
17
403
403
-it
July..
Aug...
27
27
409
Sept.
214
409
214
Fiscal 1980
to date. .
64,600
contributions-Continued
Net contributions for other
insurance and retirement
Unemployment insurance
Railroad retirement accounts
41,699
46,120
54,876
65,892
75,204
79,909
21,803
92,210
103,893
120,074
138,765
1971
1972
1973
1974
7,780
2,313
Net
unemploymen t
Insurance
Federal
supplementary
medical
insurance
Federal
employees
retirement
1
,
64,481
73,715
78,384
21,475
90,310
102,071
117,884
136,453
Other
retirement
TotaT
...
4
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table FFO-2. - Budget Receipts by Source— Continued
(In millions of dollars)
Social insurance
taxes and
contributionsContinued
Fiscal year
or man th
1971
1972
1973
1974
1975
1976
T.O
1977
1978
1979
1980
Excise taxes
Miscellaneous 4/
Net
social
insurance
taxes and
contributions
48,578
53,914
64,542
76,780
86,441
92,714
25,759
108,688
123,410
141,591
160,747
10,643
10,562
9,995
9,884
9,550
10,753
2,564
9,796
10,203
9,978
15,709
(Est.)
184,519
39,339
1979-Sept...
Oct....
Nov.
Dec
960
838
848
933
1981
.
.
.
.
10,809
9,384
14,433
8,675
1980-Jan
Feb
Mar
Apr
,
May ...
June .
10,775
16,857
11,499
15,886
20,787
10,793
738
668
678
1,563
1,637
1,752
10,253
18,546
12,860
1,966
2,040
2,047
.
.
,
.
July...
Aug....
Sept...
Fiscal 1980
to date.
. .
133
Airport and airway trust fund
Highway trust fund
November 1980
.FEDERAL FISCAL OPERATIONS
,
CM
6
£
o
o
O
05
c
•S
E
O =
to
CO
CO
E
-^
CO
E
o)
2
CO
1-
O)
1^
....
.
Treasury Bulletin
FEDERAL FISCAL OPERATIONS
Tablt FFO-S.
Budgtt Outlays by Agency
-
(In millions of dollars)
Fiscal year
or month
The
lative
branch
judiciary
Executive
Office
Funds appropriated
of the
to
President
President
1971
1972
1973
1974
1975
1976
T.Q
1977
1978
1979
1980
384
487
540
625
726
779
225
976
1,049
1,077
1,218
480
564
1981 (Est.)
1,314
649
90r
34
5
6
142
173
183
205
284
325
85
392
435
1979-Sept..
Oct...
Nov..
Dec.
89
97
105
56
38
38
1980-Jan...
Feb...
Mar...
111
92
91
Apr.
May...
June.
113
92
68
38
40
39
.
.
.
89
July..
108
Aug. ..
Sept.
95
135
Fiscal 1980
to date.
.
47
55
49
75
93
79
16
73
75
80
95
7
9
7
9
U
7
7
50
60
7
•»
4,540
4,269
3,733
4,015
3,572
3,525
1,221
2,487
3,450
2,537
7,538
5,964
57
42
the
11
356r
887
857
471
1,668
629
487
254
257
-158
l,17e
701
308
7,538
Agriculture Department
8
Cominerce
Department
..
November 1980
FEDERAL FISCAL OPERATIONS
Table FFO-8. - Budget Outlays by Agency-Continued
(In millions of dollars)
Fiscal year
or month
1971
1972
1973
197^
1975
1976
Jus tice
Depar t-
ment
916
T.Q
1977
1978
1979
1980
1981 (Est,)
1979-Sept,.
Oct...
Nov.
.
Dec,
1930-Jan. ..
Feb...
Mar...
Apr .
May
June.
.
.
July...
Aug
Sept...
Fiscal 1980
to date...
Labor
Department
State
Department
Transportation
Department
Treasury
Depar tment
Interest
on the
publ ic
debt 4/
Other
2/
Environmental
Protection
Agency
Treasury Bulletin
8
.FEDERAL FISCAL OPERATIONS.
Table FFO-4. - Undistributed Offsetting Receipts
(in millions of dollars)
Interest credited to certain Government accounts
Federai employer contributions to retirement funds
Fiscal year
or month
Office of
Personnel
Management
Health &
Human Services
Health & Human Services
Defense
Department
Federal
Disability
Insurance
Trust Fund
Federal Old-Age,
Disability," and
Hospital Insurance
1972
1973
1974
1975
1976
9
2,018
2,101
1,756
1,918
2,080
742
816,
2,768
2,927
3,319
3,980
4,242
985
4,548
4,863
1,718
1,848
2,039
2,296
388
435
479
911
1,082
1,!38
294
1,152
1,266
2,346.
467
80
2,275
2,153
13
5
374
249
303
452
n.a.
770
780
868
1,040
Soldiers' &
Airmen'
Home
Permanent
Fund
1/
10
652
980
1,024
592
99
1,204
1,170
2,5li
2,822
n.a.
1,417
1,512
n.a.
5,271
5,786
(Est.).
1,342
1,453
n.a.
1,919
1,885
n.a.
1979-Sept..,
Oct
Nov.
Dec
118
108
111
110
125
303
227
217
718
960
470
400
388
32
63
61
no
126
125
119
129
126
188
213
297
238
198
267
61
62
90
61
62
61
359
401
514
418
390
453
126
133
130
229
247
198
777
1977
1978
1979
1980
1981
.
.
1980-Jan
Feb
Mar
Apr.
.
.
June.
.
May
July..,
Aug...
Sept...
59
62
93
Fiscal 1980
to date.
1
43
77
104
104
4
132
229
ib2
417
n.a.
3
59
5
7
95
592
10
161
469
16
2
80
13
11
12
10
50
88
82
643
417
474
.104
29
190
198
406
607
708
512
2,192
2,427
T.O
Federal
Supplementary
Pedical
Insurance
Federal
Hospital
Insurance
Trust Fund
Federal Old-Age
and Survivors
Insurance
Trust Fund
Other
Civil Service
Retirement and
Disability Fund
7
3
5
4
5
4
187
204
18
2
100
14
8
63
5, •'86
.
Interest credited to certain Government accounts
Labor
Depar tmen
t
Fiscal year
or month
Unemploy- Black Lung
ment
Disability
Trust Fund Trust Fund
1972
1973
1974
1975
1976
496
487
650
639
T.Q
55
232
197&
1979
1980
1991 (Est.)
1979-Sept...
Oct
Nov. .
.
Dec.
.
.
31
31
31
292
309
338
368
398
Other
Total
2/
3/
213
246
5,089
5,452
6,574
7,690
7,800
270
8,131
8,651
325
463
9,951
12,045
58
12
262
257
274
246
23
40
130
162
2
15
.is
15
24
23
13
20
74
3
371
445
2,179
261
14
95
114
531
197
4,916
4
3
1
56
18
30
10
2
10
210
1
5
132
3
179
274
5,280
-19
11
1-4
2
55
1
291
4,053
4,921
2
16
30
209
192
355
88
2,370
3
U
19
15
-6
209
11
43
171
-24
3
Rents and
royalties
on the Outer
Continental
Shelf lands
3/
n.a.
71
2,841
3,356
360
.
Retirement
Board
n.a.
33
8
.
Fiscal 1980
to da te.
1,464
1,566
1,838
2,136
2,463
433
460
529
585
.
July...
Aug
Sept...
.
415
586
32
Civil Service
Retirement and
Disabil i ty
Fund
Rai Iroad
34
21
19
.
206
247
Fund
Personnel
Management
853
1,027
28
.
Fund
National
Service
Life
Insurance
8 59
Feb
.
Government
Life
Insurance
Fund
32
Mar
.
of
662
266
503
-31
Apr.
Office
t
31
1980-Jan
May
June.
Highway
Trust
Veterans Administration
587
13
593
283
1977
Transportation
Depar tmen
12,045
-
Grand
total
November 1980
.FEDERAL FISCAL OPERATIONS
u
3
o
a
«
O
Treasury Bulletin
10
.FEDERAL FISCAL OPERATIONS,
3
a
O
O
a
<9
9
o
a
n
o
E-
..
November 1980
11
.FEDERAL FISCAL OPERATIONS.
Table FFO-6. - Invoitment Transactions of Government Accounts in Federal Securities (Net)
(In millions of dollars)
Health and Human Services
Fiscal year
or month
Federal
Old-Age and
Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust
Fund
l'>79
1,827
2,298
2,217
2,175
-1,924
-913
-1,645
-4,443
-3,638
934
792
391
-37
-1,227
-477
-2,211
110
1,230
-36
784
1,406
1980
-3,751
2,092
1981 (Est.)
-«>,1>50
3,348
1979-Sept..
Oct..
534
-2,331
1,558
-1,897
675r
-163
-86
290
1980- Jan...
Feb...
Mar.
Apr , .
May...
June.
-1,309
2,921
-1,259
1,623
3,863
-2,970
-34
171
-142
403
461
223
675
871
213
-245
886
July..
Aug...
Sept..
-3,557
1,993
-2,376
-308
-54
515
-485
-377
1972
1973
1974
1975
1976
T.Q
1977
1978
Nov.
Dec.
.
.
.
Fiscal 1980
to date.
.
2,092
Housing and Urban Development Department
Federal
Federal
SuppleHospital
mentary
Insurance
Medical
Trust Fund
Insurance
Trust Fund
-146
1,338
3,642
1,897
1,181
Federal
Housing
Administration
Government National
Mortgage Assn.
Participation
Sales
Fund
221
222
531
148
-148
14
109
28
27
2
190
100
-95
-313
17
37
146
65
108
1,493
988
1,789
953
-416
45
65
7,139
502
67
408r
-235
-267
446
-36
-41
-105
57
55
7
74
- 1 i 7
56
-118
63
29
-95
-65
31
63
200
118
27
-202
299
184
223
261
36
1
12
29
Federal
Insuranc*
Administration
Labor Department
Unemployment Trust
Fund
12
Treasury Bulletin
FEDERAL FISCAL OPERATIONS-
o
o
a«
a
o
o
a
o
.a
s
13
November 1980
.FEDERAL OBLIGATIONS.
"Obligations"
is controlled
at
to
the Federal
in
the point at which
events- -order
charac terize
the use of funds
They are recorded
Government.
the Government makes a firm commitment
or services and are the first of the four
acquire goods
key
the basis on which
are
,
del i very ,
consumption- -which
payment,
the acquis! tion and use of resources.
In gen-
they consist of orders placed, contracts awarded, ser-
eral,
vices received,
and similar transactions requiring the dis-
bursement of money.
Obligations
of categories
are classified according
action without regard
for
salaries
sonnel
to a
uniform set
which are based upon the nature of the transto
its ultimate purpose.
All payments
wages, for example, are reported as per-
and
compensation, whether the personal services are used
in current operations or in the construe tion of capital
Federal agencies and firms
often
items.
do business with one
another; in doing so, the "buying" agency records obligations,
and the "performing" agency records reimbursements.
In Table
FO-1, obligations that are incurred wi thin the Government are
The obligational
strategic
point
in
s
tage of Governmen
gauging
the impac
t
opera tions on the na t ional economy, since
resents
for business
t
trans ac tions is
of the Governmen
i t
f requen
t
a
employment
Disbursements may not occur
months
after the Government places
itself
usually
economy.
causes
for
its order but the order
immediate pressure on the
3
those
incurred outside the
Government.
show only those incurred outside.
'
tly rep-
firms the Government commitment which
of labor.
from
Tables FO-2 and
stimulates business investment, including inventory purchases
and
distinguished
private
Obligation
counts
data for the admin is tra tive budge
first publi shed in the September
were
t
fund ac-
1*^67
Treasury
Bulletin and the trust fund accounts were first published in
the October
Bulletin,
adopted
1967
the
Bulletin.
Beginning with the April
1968
data are on the basis of the budget concepts
pursuant
to
the recommendations of
Commission on Budget Concepts.
The May and June 1980 obligations data is not included in
this issue due to certain unavoidable delays in processing.
This data will be published in subsequent Bulletins.
the President's
Treasury Bulletin
14
ACCOUNT OF THE
U.S.
TREASURY
Source and Availability of the Balance in the Account of the U.S. Treasury
The operating cash of the Treasury is maintained in
Treasury's accounts with the Federal Reserve banks and branbalances in the
As
the
tax loan accounts.
ches and in
accounts at the Federal Reserve Banks become depleted, they
are restored by calling in (Withdrawing) funds from thousands
of financial institutions throughout the country authorized
to maintain tax and loan accounts.
Under authority of P.L. 95-147, the Tr easury implemented
a portion of its
to invest
a program on November
2, 1978,
operating cash in obligations of depositar ies maintaining tax
Deposits to tax and loan accounts occur in the normal
course of business under a uniform procedure applicable to
financial
all financial insti tutions whereby customers of
institutions deposit with them tax payments and funds for
In most
cases the
the purchase of Government securities.
the
transfer of funds from a
tr ansae tion involves merely
the tax and loan account in the
customer's account to
same
financial institution. On occasions, to the extent authorized by the Treasury, financial institutions are permitted
proceeds from subscriptions to
to deposit in these accounts
public debt securities entered for their own account as well
as for the accounts of their customers.
and loan accounts. Under the Treasury Tax and Loan investment
institutions select the manner
program, depositary financial
Depositaries
in which they will participate in the prog ram.
loan
that wish to retain funds deposited in thieir tax and
obligations participate under
accounts in interest-bearing
remi t the funds
the Note Option; depositaries that wish to
Rese rve banks particto the Treasury's account at Federal
ipate under the Remittance Option.
The tax and loan system permits the Treasury to collect
funds through financial institutions and to leave the funds
in Note Option depositaries and in the financial communities
in which they arise until such time at the Treasury needs the
funds for its operations. In this way the Treasury is able to
neutralize the effect of its fluctuation operations on Note
Option financial institution reserves and the economy.
Table UST-1.
-
Status of the Account of the U.S. Treasury
(In millions of dollars)
Treasury operating balance
_!/
Available funds in
demand accounts at:
End of
fiscal year
or month
Total
Federal
Reserve
banks
Treasury tax
and loan note
accounts
T.q
1977
1,274
2,344
4,038
2,919
5,773
11,975
13,299
15,740
7,372
7,634
8,433
6,152
1,475
2,854
4,119
3,364
1978
1979
19S0
16,647
6.489
4,102
20"^
1971
1972
1973
1974
1975
1976
1979- Oct.
Nov.
Dae.
1980-Jan.
Feb.
Mar.
Apr.
May.
June
July
Aug.
Sept
Oct.
Other
3/
Funds in process
of collection
through
Federal
Reserve
depositaries 2/
Time deposits
and other
interestbearing
demand
accounts
Other
depositaries A/
Other
demand
accounts
5/
Coin
Miscelcurrency
laneous
and coinage items
metal
8,755
10,117
12,576
9,159
7,591
14,836
17,418
19,104
419
252
5,797
17,687
16,888
22,444
24,176
20,990
257
253
1,351
8,251
3,001
11,849
10,460
5,591
15,924
178
175
263
16,602
10,688
8,154
18,430
10,662
14,092
322
272
205
14
57
30
78
20
20
55
59
30
4,561
4,523
3,199
13,671
8,271
5,820
13,869
6,139
10,893
1,184
123
59
233
384
13
35
S3
30
30
30
3,954
2,742
4,102
1,864
6,478
9,752
16,883
10,814
10,432
12.494
20,990
12,678
2
,
2,590
4,075
2,i>31
2,417
2",
334
139
106
343
7
243
276
369
235
184
147
309
500
1,351
437
19
76
55
35
-18
195
175
70
31
3 3
136
64
275
138
7
50
30
570
632
791
45
33
32
633
717
31
7
11
53
56
108
129
70
54
46
50
-2
Balance in
account of
the U.S.
6/
Treasury
109
107
107
106
9,911
11,310
13,741
10,352
8,868
16,065
18,597
20,531
-8
23,691
25,277
23,211
-21
-19
-5
11,398
6,557
17,085
2
-6
8 32
-7
17,801
11,891
9,350
20,715
11,88
15,449
34
30
895
369
855
-19
•
11,664
13,883
23,211
13,966
7
13
Source:
Bureau of Government Financial Operations.
Effective January 1972, the Treasury operating balance excludes the
gold balance in Treasury.
2/ Represents deposits in certain commercial depositaries that have been
converted from a time deposit to a demand deposit basis to permit
greater flexibility in Treasury cash management.
2/ Will not agree with daily Treasury Statement due to rounding.
4/ Represents funds in process of collection by (a) the U.S. Treasury
441
471
586
602
752
819
818
717
187
54
41
179
117
135
Gold
balance
U
V
W
and (b) commercial banks which have been authorized to defer credit
until checks are col'lected. Data prior to January 1972 included in
"miscellaneous items" columns.
Represents demand deposits in National, Foreign, and other bank depositaries previously included in time deposits.
The free gold balance can be readily converted to available funds with
Federal Reserve banks.
Less than $500,000.
November 1980
13
.
Table UST-2.
-
ACCOUNT OF THE
Elements of Changes
U.S.
TREASURY.
in Federal Reserve
and Tax and Loan Note Account Balar
(In millions of dollars)
Credits and withdrawals
Federal Reserve accounts 1/
Fiscal year
or month
Received
directly
1970
1971
1972
1973
1974
1975
1976
Tax and loan note accounts
Credits 2/
Proceeds from sales of securities
Received
through reWithdrawals 3/
mittance option
tax and loan
deposi taries
Wi thdrawals
Taxes 6/
Total
credits
(transfers to
Federal Reserve
accounts)
2,578
2,849
3,314
3,270
3,104
3,366
3,676
910
3,908
3,838
2,666
1,385
132,460
131,121
145,797
171,828
197,091
218,149
225,201
58,457
267,125
302,496
296,809
151,721
153,346
164,920
185,669
209,267
224,412
228,877
59,367
271,033
306,334
299,475
149,317
152,900
164,645
184,874
211,545
229,090
227,494
58,105
271,787
303,901
287,585
Marketable
Nonmarke table
issues
issues 5/
16,683
19,375
15,812
10, '571
725 280
310 481
'ij
9,072
2,897
T.O
20'i
1977
1978
1979
875 ,071
1980
1,162 ,461
54,068
64,047
722,427
804,282
208,434
872,627
951,209
1,047,919
1,228,895
329,555
330,940
331,739.
Nov.
Dec.
86,49 5
94,200
80,428
4,402
4,373
5,553
95,177
98,192
84,496
156
147
139
22,120
23,301
30,762
22,276
23,448
30,901
31,712
28,698
22,053
1980- Jan.
Feb.
Mar.
Apr.
May.
June
July
Aug.
Sept
Oct.
87,351
90,618
100,389
115,391
113,302
104,647
95,983
92,984
100,673
98,426
4,604
4,707
5,467
5,546
5,168
6,882
5,363
5,455
6,527
5,523
93,099
95,839
105,939
118,710
118,508
112,853
100,591
99,651
105,840
106,187
162
22,883
25,527
30,620
30,959
25,779
37,241
24,436
25,582r
30,345
24,784
23,045
25,653
30,736
31,066
25,875
37,334
24,526
25,661
30,419
24,860
21,223
31,053
33,187
23,017
33,605
32,580
28,941
22,387
23,283
30,934
Federal
Reserve
Tax and
Loan Note
Accounts
7
58
952 116
0.3 3 693
19''9-0ct.
126
116
107
96
93
90
79
74
76
During period
End of period
Fiscal year
or month
Federal
Reserve
19 70
1971
1972
1973
1974
1975
1976
T.O
1977
1978
1979
1980
Low
High
1,005
1,274
2,344
4,038
2,919
5,773
11,972
13,296
15,740
16,647
6,489
4,102
Tax and
Loan Note
Accounts
6,929
7,372
7,634
8,433
6,152
1,473
2,856
4,118
3,364
5,797
17.687
16,888
1979-Oct..
Nov.
Dec.
2,209
2,590
4,075
8,251
3,001
11,849
1980- Jan..
Feb.
Mar.
Apr.
May.
June
July
Aug.
Sept
Oct.
,931
13,671
8,271
5,820
13,869
6,139
10,893
6,478
9,752
16,888
10,814
417
3
34
561
,523
,199
,954
,742
102
864
Federal
Reserve
Tax and
Loan Note
Accounts
1,916
1,987
3,392
5,017
4,361
9,766
11,972
13,296
16,115
16,647
16,647
7,990
8,532
10,251
10,854
9,340
7,249
4,260
4,456
6,286
8,134
17,687
5,534
17,894
4,301
3,446
4,139
12,331
5,829
13,354
3,961
15,400
10,348
9,920
13,869
10,722
12,783
9,301
9,848
17,894
15,985
4,545
3,827
5,534
4,523
5,056
4,047
4,246
4,595
4,125
Federal
Reserve
397
Tax and
Loan Note
Accounts
Treasury Bulletin
16
ACCOUNT OF THE
Table UST-3.
-
U.S.
TREASURY.
Gold Assets and Liabilities of the Treasury
(In millions of dollars except ounces)
,
November 1980
11
.MONETARY STATISTICS.
Table MS-1.
-
Currency and Coin
in Circulation
(In millions of dollars except per capita figures)
Currencies no longer issued
Currencies Presently
being issued
End of
fiscal year
or month
1971
1972
1973
1974
1975
1976
Federal
Reserve
bank
notes
54
National
bank
notes
Gold
certificates 1/
Silver
certificates
Federal
Reserve
notes 2/
Treasury
notes of
1890
United
States
notes
Federal
Reserve
notes 3/
51,304
54,572
59,664
65,185
72,093
79,028
79,597
87,349
96,566
106,681
117,152
51,922
55,184
60,273
65,793
72,700
79,634
80,201
87,947
97,159
107,270
117,739
109,515
109,757
111,180
112,089
113,754
115,087
116,247
117,517
117,739
218
215
213
212
211
210
209
208
207
207
206
321
320
48
48
48
20
20
20
20
20
20
20
20
20
20
20
1980rJan.,
Feb.
Mar.
Apr.
May.
June
48
43
48
48
48
48
20
20
20
20
20
20
206
206
206
206
206
206
311
311
311
310
310
310
108,927
109,168
110,592
111,501
113,166
114,500
July
48
48
20
206
206
206
310
310
310
115,660
116,930
117,152
53
52
51
50
50
49
49
T.O
1977
1978
1979
1980
Aug.
Sept
19
20
End of
fiscal year
or month
1971
1972
1973
1974
1975
1976
320
321
322
322
322
317
313
312
310
Fractional
coin
482
633
705
765
816
941
951
999
1,063
1,435
5,990
6,383
6,793
7,275
7,681
8,303
8,397
8,877
9,441
10,011
Total
currencies
Total Currency
and Coin in
circulation 4/
Currency and Coin in
58,393
62,201
67,771
73,833
81,196
88,877
89,548
97,823
107,663
118.716
129,917
282.03
297.84
322.11
348.44
380.06
413.17
415.37
450.08
ircula tion
per capita
(in dollars)
c
II
1,483
10,695
6,472
7,016
7,498
8,040
8,496
9,244
9,348
9,876
10,504
11,446
12,178
Oct.
Nov.
Dec.
1,435
1,438
1,445
1,441
10,011
10,070
10,143
10,216
11,446
1 1
508
11,588
11,658
118,716
120,125
122,082
125,600
536.74
542.66
551.03
566.49
1980-Jan.
Feb.
Mar.
Apr.
May.
June
1,445
1,456
1,461
1,473
1,472
1,474
10,196
10,2 24
10,302
10,401
10,463
10,536
11,641
11,680
11,763
11,874
11,940
12,010
121,157
121,436
122,943
123,963
125,694
127,097
546.07
546.63
553.37
5 77.52
564.63
570.44
July
1,476
1,477
1,483
10,614
10,672
10,695
12,090
12,149
12,178
128,337
129,666 6/
129,917
575. 47r
T.O
1977
1978
1979
1980
1979-Sept
Aug.
Sept
Source:
Statement of United States Currency and Coin.
Issued prior to January 30^ 1934.
Issued prior to July 1, 1929.
Issued on and after July 1, 1929.
Excludes Currency and Coin held by the Treasury and Currency and
4_/
Coin held by or for the account of the Federal Reserve banks an^ agents.
y
1/
y
,
y
b_l
*
r
-.91.52
536.74
581.48
580.90
581.48
Based on tht Bureau of the Census estimated population.
Highest amount to date,
Less than $500,000.
Revised.
Treasury Bulletin
18
.FKDKRAL DEBT
Table FO-1.
-
Sunnnarv of
(In mill loiv. ol
lit
Kmi of
flKcnl yoar
or inonlh
Kodt'ial
,h.l l.u
lli'bt
O
uiltMtdlullliK
(Invcrnmcnl
m'.'oimt
-
11m-
I'ul.ll.
IVUll
1/
ilclil
Mpmnl
-
so.urlI
tirs 1/
rul.l
Im'i
l'>7.'.
ii;,
.'.(.H,.'..'!.
417,117
11
.101
125, 181
140,114
147,225
lO.S'l..
.-.81.,.'',7
474,2:15
12,01.'
'.'... ,111
M1.«(.(.
5:i;i,is8
I<17ft.
(..'0,412
T.O..
(lil.,
171
M4,701
82(1.51')
10,14
n,4>:i
11,678
10,218
8,881
7,212
(< , (. 1
1<J77.
^O'M
l')78,
l«7i),
«
IS
•SO,.i."i
n
7
,
s
I
(i')8,a40
771,544
ARoncv
securl
1'171.
1175.
y
I.
.l.'lit
II
i."i
puiiiu-
1
1
1
l.'.'.'l
I
I
1
I
..'IMI
100
1
1
,
1
1
.4''3
141,611
146,105
155,410
167,17
187,68
148,052
157,215
169,477
181,162
.'.
,116
1,188
1,142
1,155
1,147
1,805
504
121, 185
1.18,206
145,28:1
151, 566
U-s
PS
1
123,770
343,045
346,053
396,906
480,300
498,327
551,84')
610,948
644.589
314,176
333,132
316,029
387,105
470,821
488,516
543,350
603,571
638,836
3,714
1,113
10,024
1,001
1,478
1,730
8,493
7,377
5,754
HBO.
IK.Jl?
107,701
111,212
117,741
1,461
715,105
709,958
5,147
I17')-Sii|il.
.•*JJ,751
82o,51'l
7,2.12
181,162
18 7,6.11
1
,47S
•'•>'»
826,787
7,2U
187,11.1
185,
SiO.loS
8.13, :!88
7,1.12
188,611
187,1.1.1
644,589
646,806
652,354
663,561
638,836
641,073
646,700
657,968
5,754
5,734
5,654
5,592
658,762
670,827
682,630
687,260
692,611
687,997
653,196
655,301
677,123
681,841
687,224
682,710
5,565
5,525
5,506
5,420
5,388
5,287
697,734
708,844
692,5231:
5,211
5,183
5,147
Ocl.
Nov..
Dec
83.1,
.
7N
1.
4
7
'I
.
8.12,18;.
845,1
l(>
,Oi.S
188,62.1
187,148
1,476
lU8U-J*n..
8'i4,7Al
847. i.T,
7.041.
185, '771
1,481
Full..
8M.I.01
8 54
7,011
Mnv
Apr..
May.,
870, ^u'.
87(.,>1U
8(,J,451
870,00'>
877,1.17
6,111
110,775
197,814
184,411
181,210
186,3."*
l.M.I?
6,10'i
181,65:1
6, 871
112,176
188,168
110,613
194,104
1,485
1,483
1,481
189,159
189,762
117.741
1,474
.
.
5"
1
hmr
88»,788
88«,J81
Kily.
888,
l(.7
881, (.82
Aug..
'100,0 71
81J.424
6,UbJ
6,651
1117,
I.
877, Mu
58
6i
'(ll
,
6
I
.'>totps
Ajnooiilji
116,.18
i-)K>,\iit
111, 2)1
I.
Monthly Trp«.iiiry SIfltrnuMU o( Rpvrlpl.s an! OhIhvs of
Souroet
\_f
,
tlio
1
I'nttod
(lovrrnmpnl.
ol
i.ol.llc
ilpl.t
Table FD-2.
.-socui-l
-
t
Ips out slcio.llilK
Computed
l.rtvp
Interest
6ppn atll.islpd to
in teres 1-
benring
|uib
1 1
c
debt 1/
Compu ted
sniuial
interest
ch.irjie
2/
To t a 1
Interost-
i980.
19?9HVt..
Nov..
Da.:..
1180-Jan..
Feb..
Mar..
Apr..
May..
June.
July.
Aug,
Sept.
(V t
.
.
amotint."!
,4«S
.461
703,662
715,10.5
In millions)
rte.*»surv
public
'
1
;uinu;il
intcvtst
i.itt
MiirkotLble issue
bearlnft
,I,M
•*.'5
1
exclude Issitoa to IMF and other Internattonal lending Institutions to
conform with the tividgel proscntnt Ion «nd the source for this table.
Includes holdings of Federal Reserve B«nk.s.
r
Revised.
Computed
Tot.il
Knd of
fiscal year
or monti*
II
I
Charge and Computed Interest Rate on Interest-Bearing Public Debt
tPolhir
1972.
197).
1974.
1975.
1976.
T.O..
1977.
1978.
1979.
'"1 .71,'
1.U.56
Rills
N.Mimarketable
Tren.stuv
Ivn.l-;
Covcrnment
account
series 5/
November 1980
19
FEDERAL DEBT.
.
Table FD-3.
-
Interest-Bearing Public Debt
(In millions of dollors)
End of
fiscal year
or month
Total
Interestbearing
public
Nonnifirkf
Kill
Treasury
1/
Trt'/ijinry
tjll>l r
U.S.
t)on(l:i
niivlngs
bonds
1972
1973
1974
1975
1976
r.Q
1977
1978
1979
iti'j.ibO
456,353
473,238
532,122
619,254
633,560
697,629
766,971
819,007
257,202
262,971
266,575
315,606
392,581
407,663
443,508
485,155
506,693
1980
906,402
94,()4H
V),
16 1,505
156,091
160,936
161,378
117,840
128,419
150,257
191,758
206,319
241,592
267,865
274,242
45,071
33,117
36,7 79
39,626
39,839
45,724
56,355
71,073
168,158
193,382
206,663
216,516
226,673
225,897
254,121
281,816
312,314
61,921
65,482
69,733
70,752
75,411
79,798
80,440
594,506
199,812
110,901
83,772
311 ,896
72,727
825,736
832,730
843,960
515,033
519,573
530,731
161,692
165,100
172,644
280,832
279,723
283,379
72,510
74,751
74,708
310,703
113,157
313,229
80,178
79,669
79,517
Feb.
Mar.
Apr.
May.
June
846,517
854,591
862,211
868,866
873,529
876,275
535,658
540,616
557,493
564,869
567,560
566,735
175,522
177,422
190,780
195,296
195,387
184,684
283,990
286,814
290,390
291,831
291,532
301,455
76,147
76,400
76,323
77,741
80,641
80,596
310,859
312,730
304,718
303,997
305,968
309,539
78,247
77,138
75,643
73,889
73,247
73,072
July
Aug.
Sept,
Oct.
880,395
888,733
906,402
906,948
576,145
583,419
594,506
599,406
191,491
199,306
199,832
202,309
302,626
300,251
310,903
82,027
83,861
83,772
85,170
304,250
305,314
311,896
72,968
72,853
72,727
7 2,669
1979-Oct.
Nov.
Dec.
1980-Jan.
I
100,061
105,019
128,
1169
161,198
'.I'.
1
I
111,927
Nonmnrke tabic
End of
fiscal year
or month
-
I
r,
t:ontlnu<jd
Forclfin series
Investment
scries
Ocposi tary
series
Covf-rn-
mcnt
account
series
flovcrnmcnt
Fort Iku
Dol
liir
(Icnotnl n/i
1972.
1973.
1974.
1975.
1976.
T.Q..
1977.
1978.
1979.
De<;.
July.
Aug..
Sept.
Oct.
.
dcnomlnatc-fl
2/
6
50
89,598
101,738
115,442
124,173
130,557
128,640
140,113
153,271
176,360
11
18,721
6,4)7
189,848
2,245
2,245
6
24,996
25,080
25,183
6
4,150
5,269
5,269
175,267
176,992
177,460
;!,245
23,860
23,895
23,551
2,245
2,245
2,245
6
23,608
23,205
20,464
19,813
19,488
19,023
6,4)7
6,437
6,437
6,437
6,417
6,437
174,904
178,415
175,451
179,652
182,642
186,842
25,413
25,085
24,468
24,195
24,145
24,154
19,342
19,408
18,721
18,368
6,417
6,457
6,437
6,437
181,479
182,447
189,848
24,011
24,159
24,153
185,665
24,193
1980.,
1980-Jan..
Feb..
Mar..
Apr,
May.,
June.
'(I
4/
currency
16,913
26,781
23,412
21,617
19,901
19,215
20,510
20,912
23,965
.2,310
2,275
2,271
2,267
2,263
2,262
2,247
2,246
2,245
1979-Oct..
Nov.,
ur rpn(
c
t
30 7,542
55,921
59,418
22
19
16
16
9
9
7
8
6
6
9
II
11
11
11
11
11
11
2,072
1,743
1
,
1 ,
599
599
1,599
1,599
1,289
768
4
,
1
1,322
1,407
2,002
1,361
2,611
3,419
14,543
24,813
2 5,149
24,153
\
Source:
Monthly Statement of the Public Debt of the United States.
As of July 1974, includes Federal Financing Bank.
1/
2/
Consists of certificates of indebtedness. Treasury notes beginning
January 1963, Treasury bonds beginning September 1964, and Tredsuary
bills beginning March 1975, sold to foreign governments for U.S. dollars
3/
Consists of the dollar equivalent of Treasury certificates of
indebtedness; Treasury bonds from October 1962-Aprll 1967; and
4/
Treasury notes beginning November 1966 issued and payable in designalcd
foreign currencies.
As of the July 31, 1974, Monthly Statement of the Public Debt of the
U.S. the column heading was changed to "Government account series"
which Includes Treasury deposit funds In addition to those accounts
previously shown as special issues, formerly Included in "Other" column.
Treasury Bulletin
20
.FEDERAL DEBT.
Table FD-4.
-
Government Account Series
(In millions of dollars)
End of
fiscal year
or month
21
November 1980
.FEDERAL DEBT.
Table FD-5.
-
Interest-Bearing Securities Issued by Government Agencies
(In millions of dollars)
Defense
Department
End of
fiscal year
or month
Housing and Urban
Development
Department
Other independent agencies
Total
affount
outstanding
Fainily
x/
tK»Ui4i,rig
and homeowners
assistance
Federal
Housing
Administration
1977
1978
1979
10,894
11,109
12,012
10,943
11,433
11,678
10,298
8,881
7,232
1,588
1,484
1,382
1,276
1,171
1,136
1,016
897
767
1980
6,616
641
7,232
7,213
7,132
7,068
767
757
748
738
551
54 7
7,046
7,011
6,993
6,905
6,871
6,768
729
719
709
688
679
674
6,685
6,651
6,616
661
651
641
1972
1973
1974
1975
1976
T.Q
1979-Sept
Oct.
Nov.
Dec.
1980-Jan^
Feb.
Mar.
Apr.
May.
June
July
Aug[.
Sept
Government
Export-Import
Bank of the
United States
t^ational
Mortage
Assoc iation
Federal
Home Loan
Bank Board
Tennessee
Valley
Authority
Postal
Service
4,290
4,480
4,370
4,260
4,180
4,14 5
3,768
3,166
3,004
1,819
2,221
2,894
2,593
3,174
3,561
2,858
2,141
933
2,842
661
545
537
3,004
3,004
3,004
2,979
933
928
859
838
250
250
250
250
1,725
1,725
1,725
1,725
539
546
550
537
531
524
2,979
2,979
2,979
2,937
2,937
2,877
823
717
250
250
250
250
250
250
1,725
1,725
1,725
1,725
1,725
1,725
516
508
2,842
2,842
2,842
690
674
661
250
250
250
1,725
1,725
1,725
4 54
412
408
487
581
578
579
601
551
495
5
2
50
5
2
50
10
1,855
2,255
2,696
2,075
2,075
1,975
1,825
1,825
1,725
250
250
250
250
250
250
2
50
1,725
791
778
766
748
Memorandum - Interest-bearing
securities of non-Government agencies 4/
End of
fiscal year
or month
Banks for
cooperatives
Federal home
loan banks
3/
5/
Federa
intermediate
credit banks
Federa
land
banks
i
a
rrri
credit
banks
3/
Federa!
National
Mortgage
Association
District of
Columbia
Stadium
Fund
2/ 6/
1972
,805
,33*
,475
,896
,694
,901
,061
,317
1973
1974
1975
1976
T.Q
1977
1978
1979
785
584
1980
7,848
12,149
18,622
'21,250
19,390
19,111
19,206
27,443
45,518
54,101
18,560
21,087
25,232
28,237
29,863
30,685
31,491
38,353
46,378
7,393
9,058
11,067
14,192
10,060
16,566
18,719
20,198
17,075
278
958
701
2,008
5,135
29,297
1,821
12,765
45,950
52,382
17,075
16,006
16,006
16,006
29,297
32,189
33,547
29,957
46,378
46,861
47,278
48,486
b
,
1
i;'
6,673
7,995
9,497
10,298
'l0,791
11,693
11,555
2,676
1979-Sept
785
Oct.
Nov.
Dec.
584
584
584
49,372
2,676
2,676
2,676
2,676
1980-Jan.
584
584
584
584
584
584
49,286
49,427
51,568
52,729
54,229
53,656
2,144
2,144
2,144
2,144
2,144
2,144
15,106
15,106
15,106
13,940
13,940
13,940
36,584
37,240
38,446
41,039
41,629
42,058
49,031
50,139
51,614
52,456
52,573
52,389
584
584
584
53,143
52,939
54,101
1,821
1,821
1,821
12,765
12,765
12,765
45,111
44,824
45,550
52,114
52,001
52,382
Feb.
Mar.
Apr.
May.
June
July
Aug.
Sept
45,518
47,521
•49,040
20
20
20
20
20
20
20
20
20
20
20
20
JSource:
Bureau of Government Financial Operations and Monthly Treasury
Statement of Receipts and Outlays of the U.S. Goverrjnent.
Note: The Export- Import Bank was moved within the Budget effective
October 1, 1976 pursuant to Public Law 93-646. Adjustments are made
to include totals for the period it was outside the Budget (August 17,
1971 through September 30, 1976).
Also, adjustments are made to reflect certain Export-Import Bank borrowing transactions now classified
as agency debt.
These transations were previously reported as offbudget negative outlays.
Includes unredeemed matured securities outstanding on which interest
1/
has ceased.
6/
Ef fee tive September 30, 19t>8, Federal National Mortgage Association
was converted to private ownership pursuanat to provisions of the
Housing and Urban Development Act of 1968 (p. l. 90-A48).
Effcetive December 31, 1968, banks for cooperatives and Federal Intermediate credit banks were converted to private ownership pursuant
to provision of Public Law 90-582, October 17, 1968.
For details of securities outstanding, see Table TSO-5
Includes Federal Home Loan Mortgage Corporation mortgage backed bonds
beginning November 1970.
Includes mortgage backed bonds beginning June 1970.
Treasury Bulletin
22
FEDERAL DEBT
FD-6. - Participation Cextificates
(In millions of dollars
End of
Export- Import Bank
of the United States
fiscal year
or month'
Retire- Out
standing
-
face amounts)
Participation certificates issued by GNMA ac ting as trustee
Retire-
23
November 1980
.FEDERAL DEBT.
Table FD-7.
-
Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
Held by Private Investors
(In millions of dollars)
Maturity classes
End of
fiscal year
or month
1971
1972
1973
1974
1975
1976
T.O
1977
1978
1979
1980
,
1979-Sept.
Oct.,
Nov.
D3C.
1930-Jan.
Feb.
Mar.
Apr.
May.
June
July
Aug.
Sept
Amount
outstanding
privately
held
Within
1
year
161,863
165,978
167,869
164,852
210,382
279,782
294,595
326,674
356,501
380,530
463,717
74,803
79,509
84,041
87,150
115,677
151,723
153,203
161,329
163,819
181,883
220,084
380,530
339,074
390,43"
402,226
181,883
18r,297
180,676
190,403
408,300
414,647
430,036
435,283
433,175
431,893
192,829
195,594
208,542
207,942
209,899
198,365
446,255
454,063
463,717
210,130
218,977
2 20,084
1
-
)
years
58,
5
-
10
vears
10 -20
years
20 years
and over
Average length
\_/
Treasury Bulletin
24
FEDERAL DEBT,
SEPTEMBER
30,
1980
Table FD-9. - Status and Application of Statutory Limitation
The Second Liberty Bond Act (31 U.S.C.
The
757b), as amend-
that
ed, provides that the face amount of obligations issued under
authority
Act, and the face amount of
of that
tions
obligations
at
June
any
exceed
time.
28,
1980,
debt limit
in the
aggregate $400 billion
outstanding
Public Law 96-286 provides that beginning
and
ending
on Feb. 28, 198'1,
shall be temporarily
increased by $525
1967 (Public Law 90-39)
issued under section 302
the fiscal year
added to
on
Public
the
of June 30,
Mortgage Association Charter Act
guaranteed as to principal and interest by the United States,
shall not
Act
provides
the face amount of beneficial interests and participa-
1968 and
(c) of the Federal National
(12 U.S.C.
outstanding
1717 (c) during
at any time shall be
the amount otherwise taken into account in
mining whether the
deter-
requirements of the above provisions are
met.
billion.
Part A. - Status Under Limitation,
October 31, 1980
(In millions of dollars)
Public debt subject to limit:
Public debt outstanding
Less amounts not subject to limi
Treasury
Federal Financing Bank
$908,190
t
608
(^)
Total public debt subject to limit
Other debt subject to limit:
Guaranteed debt of Government agencies
Specified participation certificates
1,
Total other debt subject to limit
Total debt subject to limit
Statutory debt limit
,
Balance of statutory debt limit.....
.*..,*
*.>•
November 1980
23
FEDERAL DEBT.
Table FD-10.
-
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Agricul ture Department
Agency
for
End of
fiscal year
or month
International
Developmen t 1
Federal
Financing
Bank
Federal
Home Loan
Bank Boarc
Commodity
Credit
Corporation
Rural
Electrification
Administration
Secretary:
Farmers
Home
Administration
Programs
2/
1972
1973
1974
1975
1976
3j,939
34,237
35,434
44,674
53,091
57,374
66,353
85,626
105,931
T.O
1977
1978
1979
1980
128,825
l""''-Oct.
108,5 57
Nov.
Dec.
111, Obi
1980-Jan.
Feb.
Mar.
Apr.
May.
June
111,225
113,415
115,912
119,653
122,196
123,515
July
125,638
126,762
128,825
130,976
Aug.
Sept
Oct.
108,225
416
Housing and Urban
Development Department
ExportImport
Bank of
Office of the Sec re tary
the
United
States
College
housing
Urban
renewal
3/
loans
fund
4/
Other
5/
Treasury Bulletin
26
.FEDERAL DEBT,
Footnotes to Table FD-10.
Source:
Bureau of Government Financial Operations.
Note;
These securities were issued to the Treasury in exchange for advances by Che Treasury from public debt receipts under congressional
authorizations for specified Government corporations and other agencies to borrow from the Treasury.
Further detail may be found in
the 1978 Statistical Appendix to Annual Report of the Secretary of
the Treasury, pages 410-'^15, and the 1978 Combined Statement of Receipts,
Expenditures and Balances of the United States Government, pages
558-560.
And predecessor agencies.
Beginning fiscal 1957 figures exclude notes
1^/
previously issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C. 14-^2), and the notes together with
others issued for the same purpose are included in "Other."
Farm housing and other loan programs, Agricultural Credit Insurance
IJ
Fund (formerly Farm Tenant Mortgage Insurance Fund), Rural Housing
Insurance Fund, and Rural Development Insurance Fund.
Includes securities transferred from the Reconstruction Finance
V
V
2'
^/
JJ
Corporation.
As of May 19«U, the college housing loan program was transferred to
the Department of Education.
Consists of notes issued to borrow for: public facility loans; Low
Rent Public Hnusing Fund; and Housing for the Elderly or Handicappe'd.
Consists of liabilities taken over by the Association from the
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.
C. 1719 (c), 1720 (d), and 1721 (d)) and also securities transferred
from the Reconstruction Finance Corporation.
Public Housing Administration 1960-1963; Federal Housing Administration beginning January 1966; Housing Assistance Administration from
September 1968-December 1969.
Consists of notes of:
The Administrator, General Services Administration, for defense materials procurement; the Secretary of Agriculture; the Secretary of the Interior (Defense Minerals Exploration
Administration); and the Secretary of the Treasury through
May 1964.
9/
Consists of notes issued by the:
International Communication Agency
for informational media guaranties (see footnote 1) ; Secretary of
Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund, fiscal years 1963-67 and Federal Ship Financing Fund
(NCAA), beginning December 1972; Virgin Islands Corporation from
September 1959-September 1968; District of Columbia Commissioners
for the Stadium Sinking Fund beginning December 1971; Secretary of
the Interior (Bureau of Mines ) for development and operation of helium properties beginning May 1964; Bureau of Commercial Fisheries
for Federal Ship Mortgage Insurance Fund, Fishing Vessels from January 1966 - May 1967; and revenue bonds for Smithsonian Institution
(John F, Kennedy Center Parking Facilities) beginning July 1968;
Secretary of Transportation (Washington Metropolitan Area Transit
Authority) beginning December 1972; Health, Education, and Welfare,
Office of Education (Student Loan Insurance Fund) from May 1973 August 1973; Pension Benefit Guaranty Corporation from September 1974;
Federal Railroad Administration, rail service assistance, beginning
January 1976, and regional rail reorganization, April, 1976;
Bonnerville Power Administration beginning September 30, 1977;
Secretary of Energy beginning October, 1977; General Services
Administration (Pennsylvania Avenue Corporation) beginning
November, 1977, and advances for the National Flood Insurance Fund.
10/ Outstanding loans cancelled pursuant to Public Law 93-426, dated
September 30, 1974.
^/
November 1980
21
PUBLIC DEBT OPERATIONS
Table PDO-1.
Maturity Schedule of Interest-Bearisg Marketable Public Debt Securities Other
than Regular Weekly and 62-Week Treasury Bills
Outstanding,
October 31, 1980
28
Treasury Bulletin
.PUBUC
T>EBT
OPERATIONS
Table FDO-2. - Offerings cf
Bills
(Amounts in millions of dollars)
Description of new issue
Maturi ty
date
Issue date
days to
maturity
Amounts of bids accepted
Amount of
Number of
1^/
bids
tendered
Total
Amount
On competitive
basis 2/
On noncompetitive
basis _3/
Amount
maturing on
issue date
of new
offering
Total
unmatured
issues outstanding after
new issues
Regular weekly;
(13-week and 26-week)
1980-July
10
17
24
31
Aug.
7
14,
21,
28.
Sept.
1980-Oct.
1981-Jan.
/'1980-Oct.
\. 1981-Jan.
/•
3
^1980-Oct.
V.1981-Jan.
y- 1980-Oct.
18,
9.
16.
23.
30.
4,002.9
4,009.3
4,010.4
4,007.5
4,005.4
4,007.5
4,008.4
4,007.5
4,007.5
4,006.4
3,334.6
3,736.3
3,160.7
3,585.0
3,072.1
3,427.1
3,186.1
2,446.7
3,262.2
2,317.3
668.3
273.0
849.7
422.5
933.3
580.3
822.4
1,560.8
745.3
1,689.1
3,423.6
3,367.6
3,418.9
3,223.2
3,518.9
3,218.5
3,548.6
3,213.4
3,512.1
3,320.9
46,131.5
88,842.1
46,723.0
89,626.5
47,209.5
90,415.5
47,669.3
91,209.6
48,164.8
91,895.3
/1980-Nov.
6
5
91
182
6,126.9
7,833.2
4,014.2
4,008.5
3,246.8
3,566.3
767.4
442.2
3,513.9
3,215.4
48,665.1
92,688.3
\.19ei-Feb.
13
12
91
182
7,144.2
6,500.5
3,808.3
3,804.0
2,989.3
3,475.5
819.0
328.5
3,508.7
3,235.0
48,964.7
93,257.3
5,925.
5,806.
114.5
108.4
3,115.6
3,373.1
698.9
435.4
3,503.1
3,219.7
49,276.1
93,846.0
/ 1980-Nov
/'1980-Nov.
20
Vl981-Feb.
19
91
182
1980-Nov.
C 1981-Feb.
28
26
182
7,725.5
7,970,7
3,935.8
8,919.6
3,280.5
3,520.2
655.3
399.4
3,511.0
3,311.0
49,700.9
94,454.6
(1980-Dec.
4
1981-Mar.
5
91
182
6,716.7
7,137.3
3,825.4
3,820.5
2,988.0
3,205.9
837.4
614.6
3,870.5
3,343.9
49,655.8
94,931.2
\,
/-1980-Dec.
1981-Mar.
11
12
91
182
6,687.8
6,954.9
3,817.9
3,838.9
2,871.7
3,121.4
946.2
717.5
2,806.1
3,353.4
50,667.6
95,416.7
/•1980-Dec.
1981-Mar.
18
19
91
182
6,808.4
6,100.0
3,318.4
3,816.9
2,983.6
3,353.3
834.8
463.6
3,912.6
3,341.1
50,573.4
95,892.5
(1980-Dec.
26
26
92
182
6,687.1
6,128.7
3,807.1
3,814.3
3,004.6
3,091.8
802.5
722.5
3,504.2
3,398.2
50,876.3
96,308.6
V1981-Apr.
92
182
6,291.4
5,996.1
3,908.7
4,004.7
3,065.5
3,247.6
843.3
757.1
4,002.9
3,411.6
50,782.1
96,901.7
/ 1981-Jan.
\.1981-Apr.
91
182
6,164.2
7,204.7
3,917.8
3,916.4
2,781.0
2,975.1
1,136.8
941.3
4,010.4
3,414.6
50,689.5
97,403.5
1981-Mar.
92
r 1981-Jan.
C
1981-Jan.
1981-Apr.
15
16
91
182
6,658.3
6,819.0
3,939.0
3,934.1
3,029.6
3,193.6
909.5
740.5
4,005.4
3,525.1
50,623.2
97,812.5
1981-Jan.
1981-Apr.
22
C
23
91
182
6,394.7
7,586.9
3,915.1
3,911.8
3,392.3
3,071.9
522.8
839.9
4,008.4
3,530.2
50,529.9
98,194.1
/•1981-Jan.
1981 -Apr.
29
30
91
182
7,738.8
5,894.3
3,905.5
3,906.9
2,995.8
3,175.0
909.7
731.8
4,007.5
3,515.5
50,427.8
98,585.5
X.
52 -weeks
5,981.2
6,870.4
7,080.9
7,015.4
7,538.3
7,887.5
8,208.0
7,064.3
5,960.3
6,609.4
\.19ai-Feb.
25.
2.
8
16
15
91
183
91
182
91
182
91
182
91
182
\,1981-Jan.
\.
Oct.
2
9
23
22
30
29
V198i-Jan.
/1980-Oct.
4,
11,
2
\
:
1979. Oct.
Nov.
Dec.
16.
13.
11.
1980-Oct.
Nov.
Dec.
1980-Jan.
8.
Feb.
Mar.
Apr.
5.
1981-Jan.
Jan.
4.
1.
29.
May
June
27.
July
Aug.
22.
19.,
Sept.
Oct.
16.
24.
14.
Footnotes at end of Table.
Feb.
Mar.
Apr.
3
59
3
59
5,378.7
6,203.0
8,110.3
3,453.7
3,902.7
4,133.1r
3,348.1
3,530.6
3,881.0
102.5
367.5
157.8
3,474.3
3,895.8
4,028.9
44,358.8
44,365.6
44,469.9
2
359
6,337.5
359
359
6,301.8
6,447.5
6,614.0
4,018.4
3,988.6
4,020.4
4,010.0
4,008.6
3,812.8
3,824.1
3,763.1
3,727.3
3,751.9
202.8
161.2
246.2
282.7
256.6
3,704.9
3,543.4
3,325.8
3,345.9
3,019.7
44,783.4
45,228.5
45,923.1
46,587.3
47,576.2
359
359
6,734.2
7,430.0
4.001.7
4,091.1
3,882.7
3,981.9
119.0
109.2
2,761.8
2,787.7
48,816.1
50,119.5
359
359
359
6,633.9
6,459.0
5,720.9
8,099.9
4,004.6
4,003.3
4,006.0
4,004.7
3,905.3
3,899.9
3,843.5
3,844.6
99.2
103.4
162.6
160.0
3,389.7
3,545.2
29
26
26
23
May
June
18
July
16
Aug.
Sept.
Oct.
364
4
14
6
21
13
10
3
3
59
59
359
5
,
9 20
.
3, ,556.
3,453.7
50,734.4
51,rt2.5
3i;642.2
52,193.2
November 1980
29
PUBLIC DEBT OPERATION
Table PDO-2.
-
Offerings of Billi-Continued
On total bids accepted
On competitive bids accepted
High
Average price
per hundred
Equivalent average
rate ^/
Price per hundred
ReRuIar weekly :
1980-July
10.
17.
2"..
31.
Aug.
Sept.
18.
25.
2.
9.
16.
23.
30.
52-weeks:
Equivalent rate
4/
Price per hundred
Equivalent rate
W
.
30
Treasury Bulletin
.PUBLIC DEBT OPERATIONS.
Table PDO-3.
-
New Money
1/
Financing through Regular Weekly Treasury Bills i
(Dollar amounts in millions)
Description of issue
Number of
days to
maturity
Maturity
date
Issue
date
1979-Oct.
Jan.
Apr.
3
Jan.
Apr.
24
24
Jan.
31
3
May
1
Feb.
May
Feb.
May
Feb.
May
Feb.
May
6
13.,
Mar.
June
13
20.,
Mar.
June
20
19
27.,
Mar.
June
25
10..
17..
24..
31..
7..
14..
21..
28..
Mar.
6..
Apr.
12
27
3
3
July
10
10
Apr.
17
July
17
Apr.
July
24
24
May
July
31
1
May
Aug.
May
Aug.
15
14
May
Aug.
22
21
May
Aug.
29
28
June
Sept.
4
5
June
Sept.
12
20..
June
Sept.
19
18
June
26
25
Apr.
3..
10...
17...
24...
June
1980-ApT.
July
5
13..
27..
May
28
29
Mar.
June
3..
Feb.
21
22
6.
Dec
;0-Jan.
14
15
1
.
Sept.
11
July
3
Oct.
2
J..ly
Oct.
July
17
Oct.
16
July
24
Oct.
23
July
31
.
Oct.
30
8...
Aug.
Nov.
7
15...
Aug.
Nov.
14
13
22...
Aug.
Nov.
21
29...
Aug.
Nov.
28
28
5...
Sept.
Dec.
12...
Sept.
19...,
26
6
20
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 1^/
(Percent)
New money
increase, or
decrease (-)
Sovember 1980
31
.PUBLIC DEBT OPERATIONS.
Table PDO-3.
-
New Money Financing through Regular Weekly Treasury
Bills
i'-Continued
(Dollar amounts in millions)
Description of issue
July
Aug,
Oct.
Amount
of bids
tendered
Amount
of bids
accepted
days to
ma turi ty
Average rate
of bids
accepted ]_/
(Percent)
New money
increase, or
decrease (-)
Oct.
91
183
5,981
6,870
4,003
4,009
8.149
8,097
1,221
U981-Jan.
980-Oct.
981-Jan.
91
182
7,081
7,015
4,010
4,008
8,209
8,114
1,376
10.
980-Oct.
981-Jan.
91
17.
7,538
7,888
4,005
4,007
8,169
8,110
1,269
980-Oct.
981-Jan.
182
8,208
7,064
4,008
4,007
7.881
7,906
1.273
24,
980-Oct.
981-Jan.
30
29
91
182
5,960
6,609
4,008
4,006
8.220
8.276
1,181
31,
980- ITov.
981- Feb.
6
127
7,633
4,014
4,008
8.878
8.867
1,293
5
91
182
6',
7
980- Nov,
13
12
91
182
7,144
6,501
3,808
3,804
8.723
8.891
869
981 -Feb.
980 -Nov.
981- Feb.
20
19
91
182
5,925
5,806
3,815
3,808
9,411
9.765
900
21
980- Nov,
981- Feb.
28
26
92
182
7,725
7,971
3,936
3,920
10.026
10.250
1,033
28
3
14
Sept.
Number of
Maturi ty
date
Issue
date
/
16
15
182
91
980- Dec.
981- Mar.
4
5
91
182
6,717
7,137
3,825
3,820
10.123
10.250
432
11.
980- Dec.
981- Mar.
11
12
91
182
6,688
6,955
3,818
3,839
10.060
10.234
1,497
18.
980- Dec.
981- Mar.
18
19
91
182
6,808
6,100
3,818
3,817
10.638
10,875
382
25.
-Dec.
-Mar.
26
26
92
182
6,687
6,129
3,807
3,814
10.459
10.824
719
2.
-Jan.
Apr.
2
92
182
6,291
5,996
3,909
4,005
11.524
11.718
499
9.
Jan.
Apr
91
182
6,164
7,205
3,918
3,916
11.294
11.140
409
16.
Jan.
Apr.
15
16
91
182
6,658
6,819
3,939
3,934
11.339
11.280
343
23.
Jan.
Apr.
22
23
91
182
6,395
7,587
3,915
3.912
11.414
11.408
288
30.
Jan.
Apr.
29
30
91
182
7,739
5,894
3,905
3,907
12.332
12.285
289
4.
2
Source:
See Table PDO-2.
Equivalent average rate on bank discount basis.
1/
Revised.
r
Treasury Bulletin
32
PUBLIC DEBT OPERATIONS,
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
November 1980
33
.PUBLIC DEBT OPERATIONS.
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills— Continued
(Dollar Amounts in millions)
Date subscrip-
34
Treasury Bulletin
.PUBLIC DEBT OPERATIONS,
Footnotes to Table PDO-4.
Source:
Bureau of the Public Debt.
Note: All securities except EA & EO notes were sold at auction through
competitive and noncompetitive bidding.
For bill Issues, always sold at auction, the rate shown is the equi1/
valent average rate (bank discount basis) of accepted bids. Other
securities issued at par except those sold at auction. For details
of bill offerings see Table PDO-2.
From
date of additional issue In case of a reopening.
2_/
2/ In reopenlngs the amount Issued Is In addition to the amount of
original offerings,
For securities exchanged for the new Issues see Table PDO-7.
Exchange offering available to owners of nonmarketable 2-3/<i7. Treasury
5_/
Bonds, Investment Series B-1975-80, dated April 1, 1951.
For further
information on the original offering see Treasury Bulletin for April
1951, page A-1.
6/
Yields accepted ranged from 7.527. (price 99.963) up to 7.567. (price
99.891) with the average at 7.557. (price 99.909).
Yields accepted ranged from 7.507. (price 99.936) up to 7.557. (price
99.794) with the average at 7.537. (price 99.850).
8/
Prices accepted ranged from 100.80 (yield 7.857.) down to 100.58
(yield 7.897.) with the average at 100.65 (yield 7.887.).
9/
Prices accepted ranged from 100.73 (yield 8.187.) down to 100.01
(yield 8.257.) with the average at 100.13 (yield 8.237.).
10 / Yields accepted ranged from 7.677. (price 99.818) up to 7.717. (price
99.845) with the average at 7.707. (price 99.863).
11 / Yields accepted ranged from 7.877. (price 99.997) up to 7.907. (price
99.894) with the average at 7.897. (price 99.928).
Yields accepted ranged from 7.507. (price 100.000) up to 7.577. (price
12^/
99.872) with the average at 7.567. (price 99.891).
13/ Yields accepted ranged from 7.937. (price 99.740) up to 7.957. (price
99.657) with the average at 7.947. (price 99.698).
U/ Yields accepted ranged from 7.757. (price 100.000) up to 7.827. (price
99.873) with the average at 7.807. (price 99.909).
15/ Yields accepted ranged from 8.267. (price 99.933 up to 8.307. (price
99.665) with the average at 8.297. (price 99.732).
16 / Prices accepted ranged from 99.23 (yield 8.457.) down to 98.91 (yield
8.487.) with the average at 99.02 (yield 8.477.).
12/ Yields accepted ranged from 8.007. (price 100.000) up to 8.107. (price
99.819) with the average at 8.097. (price 99.837).
18/ Yields accepted ranged from 8.247. (price 100.013) up to 8.287.
(price 99.877) with the average at 8.277. (price 99.911).
19/
Yields accepted ranged from 8.257. (price 100.000 up to 8.337. (price
99.855) with the average at 8.327. (price 99.873).
20/
Yields accepted ranged from 8.627, (price 100.008) up to 8.637. (price
99.924) with the average also at 8.637..
Yields accepted ranged from 8.527, (price 99.964) up to 8.627. (price
21^/
99.784) with the average at 8.617. (price 99.802).
22 /
Yields accepted ranged from 8.447. (price 99.831) up to 8.477. (price
99.753) with the average at 8.467. (price 99.779).
23 /
Yields accepted ranged from 8.287. (price 99,843) up to 8.417, (price
99.166) with the average at 8.367. (price 99.426).
24 /
Yields accepted ranged from 8.377. (price 100.055) up to 8.467. (price
99.079) with the average at 8.437. (price 99.402).
V
V
51/
52/
53/
54/
55/
56/
51/
58/
59 /
60/
61/
62./
63/
64/
65/
66/
67/
68/
69/
70/
21'
72/
73/
74/
25/
76/
.
II'
78/
25 /
Yields accepted ranged from 8.377. (price 100.009; up to 8,397. (prict
99.973) with the average at 8.387. (price 99.991).
M' Yields accepted ranged from 8.387. (price 99.961) up to 8.427. (price
99.826) with the average at 8.417. (price 99.859).
'
Yields accepted ranged from 8.597. (price 100.063) up to 8.667. (price
99.937) with the average at 8.657. (price 99.955).
ii'
Yields accepted ranged from 8.607. (price 100.175) up to 8.657. (price
99.757) with the average at 8.647. (price 99.840).
12.//
Yields accepted ranged from 8.907. (price 99.955) up to 8.987. (price
99.812) with the average at 8.947. (price 99.883).
^/ / Yields accepted ranged from 9.337. (price 99.766) up to 9.377. (price
99.649) with the average at 9.367. (price 99.678).
11.' /
Yields accepted ranged from 8.757. (price 100.000) up to 8,907. (price
99.020) with the average at 8.857. (price 99.345).
^/ / Yields accepted ranged from 8.827. (price 99.266) up to 8.877. (price
98.747) with the average at 8.867. (price 93.851).
H^y Yields accepted ranged from 9.337. (price 99.857) up to 9.377. (price
99.786) with the average at 9.367. (price 99.804).
.Hm/ Yields accepted ranged from 9.977. (price 99.832) up to 10.007. (price
99.779) with the avearage at 99.991 ( price 99.797).
35 / / Yields accepted ranged from 9.437, (price 99.820) up to 9.477. (price
99.690) with the average at 9.457. (price 99.755)
36/ 0/ Yields accepted ranged from 8.997. (price 100,045) up to 9.017. (price
99.882) with the average at 9.007. (price 99.963).
37/ 1/ Yields accepted ranged from 9.827. (price 99.876) up to 9.877. (price
99.787) with the average at 9.857. (price 99.822).
38/2/ Yields accepted ranged from 8.957. (price 100.281) up to 9.027. (price
99.888) with the average at 9.017. (price 99.944).
39 / 3/ Prices accepted ranged from 97.4(J,(^eld 9'.007.) down to 96.90 (yield
9.057.) with the average at 97.05 (yield 9.037.).
40/ 4/ Yields accepted ranged from 9.757, (price 100,000) up to 9.877. (price
99.787) with the average at 9.857. (price 99.822).
41/ '/ Yields accepted ranged from 9.337. (price 99.705) up to 9.367. (price
99.605) with the average at 9.357. (price 99.638).
42/'./ Yields accepted ranged from 9.667. (price 99.938) up to 9.707. (price
99.868) with the average at 9.687, (price 99.903).
43/ / Prices accepted ranged from 99.09 (yield 9.107.) down to 98.69 (yield
9.157.) with the average at 98.79 (yield 9.147.).
44/ / Yields accepted ranged from 9.757, (price 100.000) up to 9.797. (price
99.929) with the average at 9.787. (price 99.947).
45/ / Yields accepted ranged from 9.367; (price 99.296) up to 9.387. (price
99.168 with the average at 9.377. (price 99.232),
46/ Yields accepted ranged from 9,227, (price 99,039) up to 9.247. (price
98.838) with the average at 9.237. (ptice 98,938).
47/ Yields accepted ranged from 9.757. (price 100.000) up to 9.777. (prict
99.964) with the average also at 9.777..
48/ Yields accepted ranged from 9.207. (price 99.866) up to 9.237. (price
99.813) with the average at 9.227. (price 99,830).
49 / Yields accepted ranged from 8.857. (price 100. Ooj; up to 8.937, (price
99.819) with the average at 3.897, (price 99.950).
50/ Yields accepted ranged from 8.787, (price 99.714) up to 8.837. (price
99.302) with the average at 8.817. (price 99.467).
—
79/
80/
'
§1/
'
,
'
'
Yields accepted ranged from 9.357. (price 100.045) up to 9.457. (price
99.866) with the average at 9.417. (price 99.938).
Yields accepted ranged from 9.037. (price 99.923) up to 9.077. (price
99.820) with the average at 9.067. (price 99.845).
Prices accepted Tanged from 100.07 (yield 8.997.) down to 99.96
(yield 9.007.).
(yield 9.017.) with the average at 100.00
Prices accepted ranged from 102.36 (yield >8. 897.) down to 101.99
(yield 8.937.) with the average at 102.13 (yield 8.927.).
Yields accepted ranged from 9.607. (price 100.045) up to 9,667. (price
99.938) with the average at 9.657, (price 99.955).
Yields accepted ranged from 9.237. (price 99.997) up to 9,277. (price
99.848) with the average at 9.257. (price 99.922).
Yields accepted ranged from 10.207. (price 99.869) up to 10.227. (price
99.834) with the average at 10.217, (price 99.851),
Yields accepted ranged from 9.757. (price 100.000) up to 9.817. (price
99.806) with the average at 9.797, (price 99.871).
Yields accepted ranged from 10.107. (price 100.155) up to 10.257. (price
99.013) with the average at 10.177. (price 99.620),
Yields accepted ranged from 12.557. (price 100.129) up to 12.697. (price
99.888) with the average at 12.667. (price 99.940).
Yields accepted ranged from 11.627. (price 100.014) up to 11.647. (price
99.958) with the average at 11.647. (price 99.958).
Yields accepted ranged from 10.707, (price 100.303) up to 10.797. (price
99.759) with the average at 10,757. (price 100,000).
Yields accepted ranged from 10.397, (price 99.863) up to 10.487. (price
99.045) with the average at 10.447. (price 99.407).
Yields accepted ranged from 12.187. (price 99.905) up to 12.267, (price
99.767) with the average at 12.247. (price 99.801).
Yields accepted ranged from 10.287. (price 100.389) up to 10.497. (price
99.532) with the average at 10.407. (price 99.898).
Yields accepted ranged from 11.427. (price 99.922) up to 11.447. (price
99.887) with the average at 11.437. (price 99.904).
Yields accepted ranged from 10.397. (price 100.353) up to 10.607. (price
99.681) with the average at 10.527. (price 99.936).
Yields accepted ranged from 10.587. (price 99.352) up to 10.617. (price
99.130) with the average at 10.607. (price 99.204).
Yields accepted ranged from 11.507. (price 100.000) up to 11.537. (price
99.948) with the average at 11.527. (price 99.965).
Yields accepted ranged from 11.877, (price 100,014) up to 12,007. (price
99.651) with the average at 11.987. (price 99.707).
Yields accepted ranged from 11.987. (price 99.932) up to 12.057. (price
99.599) with the average at 12.027. (price 99.742).
Yields accepted ranged from 11.787. (price 99.754 up to 11.877, (price
99.021) with the average at 11.847. (price 99.264).
Yields accepted ranged from 13.917. (price 99.941) up to 14.007. (price
99.788) with the average at 13.987. (price 99.822).
Yields accepted ranged from 14,20% (price 100,443) up to 14,507, (price
99,365) with the average at 14,397. (price 99.758).
Yields accepted ranged from 14.947. (price 100.101) up to 15.07% (price
99.883) with the average at 15.017. (price 99.983).
Yields accepted ranged from 14.207. (price 100.149) up to 14.337. (price
99.763) with the average at 14.297. (price 99.881).
Yields accepted ranged from 12.607. (price 100.092) up to 12.727. (price
99.293) with the average at 12.697. (price 99.492)',
Yields accepted ranged from 11.417. (price 99.939) up to 11.467, (price
99.852) with the average at 11.447. (price 99.887).
Yields accepted ranged from 9.287. (price 99.816) up to 9.357. (price
99.623) with the average at 9.327. (price 99.706).
Price accepted ranged from 106.10 (yield 9.757.) down to 104.84 (yield
9.957.) with the average at 105,27 (yield 9,887.),
Yields accepted ranged from 10.087. (price 99.248) up to 10.187. (price
98.322) with the average at 10.127. (price 98.876).
Yields accepted ranged from 9.297. (price 100.151) up to 9.407.
(price
99.956) with the average at 9.377. (price 100.009).
Yields accepted ranged from 9.567. (price 100.177) up to 9.697.
(price
99.654) with the average at 9.667. (price 99.7?5) .
Yields accepted ranged from 8.557. (price 100.135) up to 8.657. (price
99.955) with the average at 8.637. (price 99.991).
Yields accepted ranged from 8.947. (price 99.785) up to 9.017. (price
99.555) with the average at 8.997. (price 99.621).
Yields accepted ranged from 10.407. (price 99.813) up to 10.447, (price
99,515) with the average at 10.427. (price 99,664),
82/
83/
84/
85/
86/
87/
88/
89/
90/
Yields accepted ranged from
99,776) with the average at
Yields accepted ranged from
99.818) with the average at
Yields accepted ranged from
99.399) with the average at
Prices accepted ranged from
10.807.) with the average at
(price 99,919) up to 9,007. (price
(price 99.830).
(price 99.955) up to 9.907. (price
(price 99.873).
10.737. (price 100.121) up to 10.857. price
10.817. (price 99.639).
97,40 (yield 10,667.) down to 96,18 (yield
96.91 (yield 10.717.).
8,927,
8,977.
9.857.
9.887.
Yields accepted ranged from 11.187, (price 99.904) up to 11.267.
(price 99.765) with the average at 11.247, (price 99.799).
Yields
accepted ranged from 11.697. (price 100.103) up to 11.787,
VU
(price 99.759) with the average at 11.767. (price 99.835).
93/ Yields accepted ranged from 11.857. (price 100.043) up to 11.967.
(price 99,853) with the average at 11,937. (price 99.905).
94/ Yields accepted ranged from 12,057. (price 100,233) up to 12,157.
(price 99.923) with the average at 12.137. (price
99,985).
95/ Yields accepted ranged from 11,487. (price 100,088) up to 11,757,
(price 98,197) with the average at 11.617. (price 99,171),
96/ As a result of correcting an overstatement by a Federal Reserve Bank
of the amount of noncompetitive tenders received, the total amount
of accepted tenders was changed from $4,500 million to 54,315 million.
Neither the average yield nor the amount or range of competitive
tenders was affected.
97/
Yields accepted ranged from 12.197. (price 99.888) up to 12.267. (price
99.767) with the average at 12.247, (price 99.801),
98/ Yields accepted ranged from 13,097. (price 100.438) up to 13.407.
(price
99.592) with the average at 13,317. (price 99.837).
99/ Yields accepted ranged from 12,957, (price 100,276) up to
13,127. (price
99.342) with the average at 13.077. (price 99.616).
100/
Yields accepted ranged from 12.697. (price 100.461) up to 12.877. (price
99.090) with the average at 12,817. (price 99.543).
Less than $500,000.
p
Preliminary.
~E.'
35
November 1980
.PUBUC DEBT OPERATIONS.
Table PDO-5. - Unmatured Ktarketable Securitiee Issued at a Premium or Discount
Other than Advance Refunding Operations
Descn
Treasury Bulletin
36
PUBLIC DEBT OPERATIONS-
Premium or Discount
Table PDO-5. - Unmatured Marketable Securities Issued at a
Other than Advance Refunding Operations-Continued
November 1980
37
.PUBUC DEBT OPERATIONS.
Table PDO-6. - Umnatuied Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
Treasury Bulletin
38
.PUBLIC DEBT OPERATIONS
Table PDO-5. - Unmatured Marketable SecuritieB Issued at a Premium or Discount
Other than Advance Refunding Operations-Continued
Description of securities
8-1/27.
8-3/47.
Bond
-
5/15/94-99
November 1980
39
.PUBUC DEBT OPERATIONS
Table PDO-5. - Unmatured Marketable Secviritiee Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
Description of securities
40
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A.
-
Other than Bills 1/
(In miLLions of dollars)
Issues
41
November 1980
.PUBLIC DEBT OPERATIONS,
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Bills
(In millions of dollars)
Issues
1'
-Continued
A2
Treasury Bulletin]
.PUBLIC DEBT OPERATIONS.
Table PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B.
-
Bills
Other than Regular Weekly Series
43
November 1980
PUBLIC DEBT OPERATIONS,
Table PDO-7.
-
Disposition of Public Marketable Securities
Other than Regular Weekly Treasury
Billsi
Disposition offers
by Treasury
Called or maturing securities 1/
Results of exchange offers
Date of
refunding
or retirement
Issue
date
Description
Amoimt
outstanding
Cash
retirement
1/10/78
1/31/78-J
2/7/78
2/15/78-A
2/28/78-C
1/11/77
2/2/76
2/8/77
2/15/71
10/7/75
3,071
2,511
3,105
8,389
2,115
3,071
2,2 39
3/7/78
3/31/78-K
3/8/77
3/31/76
3,208
3,162
3,208
2,850
4/1/78-EA
4/4/78
4/30/78-L
4/1/73
4/5/77
5/17/76
15
15
3,342
2,574
3,342
2,146
5/2/78
5/15/78-D
5/15/78-F
5/30/78
5/3/77
2/18/75
8/15/75
5/31/77
2,966
3,960
4,423
2,454
2,966
3,006
2,882
2,454
Note
Bill
Note
5/31/78-M
6/27/78
6/30/78-N
6/1/76
6/28/77
6/30/76
2,567
2,253
3,331
2,390
2,253
2,537
5.6487.
6-5/87.
Bill
Note
7/25/78
7/31/7i8-P
7/26/77
7/30/76
3,038
2,855
3,038
2,430
8/15/78
8/15/78
8/22/78
8/31/78
8-3/47.
7-5/87.
6.1057.
6-5/87.
Note
Note
Bill
Note
8/15/78-C
8/15/78-E
8/22/78
8/31/78-Q
5/15/74
5/15/75
8/23/77
8/31/76
2,462
5,155
3,005
2,949
1,828
2,555
3,005
2,749
9/19/78
9/30/78
10/1/78
6.1567r
BUI
6-1/47.
1-1/27.
Note
Note
9/19/78
9/30/78-R
10/1/78-EO
9/20/77
9/30/76
10/1/73
3,036
3,195
3,036
2,684
10/18/77
11/01/76
3,162
2,921
3,162
2,718
Bill
Note
Bill
Note
Note
1/10/78
1/31/78
2/7/78
2/15/78
2/28/78
4.7287.
6-3/87.
5.3447.
6-1/47.
3/7/78
3/31/78
5.2267.
6-3/47.
Bill
Note
4/1/78
4/4/78
4/30/78
1-1/27.
Note
5.1587.
6-1/27.
Note
5/2/78
5/15/78
5/15/78
5/30/78
5.1607.
7-1/87.
7-7/87.
5.4037.
Bill
Note
Note
Bill
5/31/78
6/27/78
6/30/78
7-1/87.
5.4087.
6-7/87.
7/25/78
7/31/78
•
-
•
BUI
•
•
•
•
3,105
5,418
2,062
2,971 4/
53 5/
3
10/17/78
10/31/78
6.6197.
5-7/87.
Bill
Note
10/17/78
10/3I/78-S
11/14/78
11/15/78
11/30/78
6.5427.
5-3/47.
Bill
Note
Note
11/14/78
11/15/78-B
11/30/7S-T
11/15/77
11/15/71
11/30/76
3,587
8,207
2,941
3,587
5,620
2,691
12/12/78
12/31/78
12/31/78
1/09/79
6.5457.
8-1/87.
5-1/47.
6.5527.
Bill
Note
Note
Bill
12/12/78
12/31/73-H
12/31/78-U
1/9/79
12/13/77
10/22/75
12/31/76
1/10/78
3,838
2,517
3,376
3,205
3,838
1,875
3,131
3,205
1/31/79
2/6/79
2/15/79
2/28/79
3/6/79
5-7/87.
6.8147.
Note
Bill
Note
Note
Bill
1/31/79-L
2/6/79
2/15/79-H
2/28/79-M
3/6/79
2/3/77
2/7/78
2/17/76
2/28/77
3/7/78
2,855
3,253
4,692
2,845
3,321
2,704
3,253
2,961
2,477
3,321
3/31/79
4/01/79
4/03/79
4/30/79
67.
Note
Note
3/31/79-N
4/1/79-EA
4/3/79
4/30/79-P
3/31/77
4/1/74
4/4/78
5/2/77
3,519
2,879
5/1/79
5/15/79
5/29/79
5/31/79
7.0737.
7-7/87.
7.4177.
6-1/87.
5/1/79
5/15/79-D
5/29/79
5/31/79-Q
6/26/79
6/30/79
6/30/79
7.6787.
7-3/47.
6-1/87.
7/24/79
7/31/79
8/15/79
8/15/79
8/21/79
8/31/79
7.8207.
6-1/47.
6-1/47.
6-7/87,
BUI
7.8767.
6-5/87.
BUI
9/18/79
9/30/79
9/30/79
7.9547.
8-1/27.
10/1/79
10/16/79
10/31/79
1-1/27.
8.2727.
7-1/47.
11/13/79
11/15/79
11/15/79
11/15/79
11/30/79
12/11/79
12/31/79
12/31/79
1/8/80
9.3127.
6-5/87.
1/31/80
2/5/80
2/15/80
2/15/80
7-1/27.
9.3487.
Note
47.
Bond
Note
67.
77.
5-7/87.
6.3597.
1-1/27.
6.8777.
5-7/87.
6-5/87.
77.
6-1/47.
7-1/87.
9.3207.
7-1/27.
7-1/87.
9.6057.
6-1/27.
BUI
Note
BUI
Note
BUI
Note
BUI
Note
Note
Note
Note
Note
Note
BUI
Note
Note
Note
BUI
Note
BUI
Note
Note
Note
Note
Bill
Note
Note
BUI
BUI
2
2
3,346
1,992
3,346
1,833
5/2/78
11/6/74
5/30/78
5/31/77
3,025
2,269
2,478
2,087
3,025
1,719
2,478
1,848
6/26/79
6/30/79-E
6/30/79-R
6/27/78
7/9/75
6/30/77
2,784
1,782
2,308
2,784
1,582
2,012
7/24/79
7/31/79-S
6/15/79-A
8/15/79-J
8/21/79
8/31/79-T
7/25/78
8/1/77
8/15/72
8/16/76
8/22/78
8/31/77
3,380
2,180
4,559
2,989
3,544
3,481
3,380
3,010
3,890
1,987
3,544
3,025
9/18/79
9/30/79-F
9/30/79-U
•)/l<l/78
9/04/75
9/30/77
3,353
2,081
3,861
3,353
2,081
3,861
10/1/79-EO
10/16/79
10/31/79-V
10/1/74
10/17/78
10/31/77
3,474
4,334
3,474
4,334
11/13/79
11/15/79-B
11/15/79-C
11/15/79-K
11/30/79-W
12/11/79
12/31/79-X
1/8/80
11/14/78
2/15/73
11/15/73
11/15/76
11/30/77
12/12/78
1/6/76
1/3/78
1/9/79
3,896
1,604
2,241
3,376
4,791
4,029
2,006
3,920
3,778
3,896
1,604
2,241
3,376
4,791
4,029
2,006
3,920
3,778
1/31/80-K
2/5/80
2/15/80
2/15/80-G
1/31/78
2/6/79
1/23/59
2/15/77
3,875
3,543
2,343
4,608
3,875
3,543
2,343
4,608
12/31/79-r.
Exchange
security
offered
1
Turned
Exchanged
in for
cash 2/
44
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-7.
-
Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills-Continued
Date of
November 1980
45
.PUBLIC DEBT OPERATIONS.
Footnotes to Table PDO-7
Sourc
U
II
V
5/
y
Bureau of the Public Debt.
Original call and maturity dates are used.
All by investors other than Federal Reserve banks.
Exchanged by Federal Reserve banks and Government accounts for 7-l/27o
notes of Series K-1980 issued January 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for $1,000
million of 7-1/27. notes of Series M-1981, 5200 million of 87. notes
of series A-1985, and $771 million of 8-1/47. bonds of 2000-05 issued
February 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 7-5/87.
notes of Series L-19a0 Issued February 28, 1978.
Exchanged by Federal Reserve banks and Government accounts for an
additional amounts of 7-1/27. notes of Series C-1980 issued March 31,
1978.
7/
8/
II
10/
ii/
12/
13/
14/
15/
16/
U.I
18/
Exchanged by Federal Reservis banks and Government accounts for 7-3/47.
notes of Series N-1980 Issued May 1, 1978.
Exchanged by Federal Reserve banks and Government accounts for $59
million of 8-1/47. notes of Series A-lo<18 and $895 million of 8-3/87.
bonds of 1995-2000 issued May 15, 1918.
Exchanged by Federal Reserve banks and Government accounts for 8-1/47.
notes of Series A-1988 issued May 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 87. notes
of Series P-1980 issued May 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for S-1/4?.
notes of Series Q-1980 issued June 30, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-1/27.
notes of Series R-1980 issued July 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for $34
million of 8-1/47. notes of Series B-1985 and $600 million of 8-3/87.
bonds of 2003-2008 issued August 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for $1,200
million of 8-3/87. notes of Series N-1981 and $1,400 million of 8-1/^7.
noti-s of Series B-1985 issued August 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-3/87.
notes of Series S-1980 issued August 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-5/87.
notes of Series T-1980 issued October 2, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-7/87.
notes of Series U-1980 Issued October 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for $978
million of 9-1/47. notes of Series K-1982, $931 million of 8-3/47.
notes of Series B-1988, and $678 million of 1-3/47. bonds of 2003-08
iss'iee" November 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 9-1/47,
notes of Series V-1980 issued Novejiber 30, 1978.
20 / Exchanged by Federal Reserve banks and Government accounts for $450
million of 9-7/87. notes of Series W-1980 and $192 million of notes
of Series 1,-1982 issued January 2, 1979.
2^1 Exchanged by Federal Reserve banks and Government nccounts for 9-3/87.
notes of Series L-1982 issued January 2, 1979.
^^ / Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series P-1981 issued January 31, 1979.
^3 / Exchanged by Federal Reserve banks and Government -<ccounts for $931
million of 97. notes of Series B-1987 and $800 million of 8-3/47. bonds
of 2003-08 issued February 15, 1979.
24 / Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series Q-1981 issued February 28, 1979,
25 / Exchanged by Federal Reserve banks and Government accounts for 9-5/87,
notes of Series R-1981 issued April 9, 1979.
26 / Exchanged by Federal Reserve banks and Government accounts for 9-3/47,
notes of Series S-1981 issued April 30, 1979.
27 / Exchanged by Federal Reserve banks and Government accounts for $350
million of 9-1/47. notes of Series A-1989 and $200 million of 9-1/87.
bonds of 2004-09 issued May 15, 1979.
28 / Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series T-1981 issued May 31, 1979.
29 / Exchanged by Federal Reserve banks and Government accounts for 9-1/87.
notes of Series U-1981 issued July 2, 1979.
30 / Exchanged by Federal Reserve banks and Government accounts for $93
million of 9-1/87. notes of Series U-1981 and $203 million of 8-7/87^
notes of Series E-1983 Issued July 2, 1979.
31 / Exchanged by Federal Reserve banks and Government accounts for 9-3/87.
notes of Series V-1981 issued July 31, 1979.
32 / Exchanged by Federal Reserve banks and Government accounts for 97.
notes of Series M-1982 issued August 15, 1979.
33/ Exchanged by Federal Reserve banks and Government accounts for $106
million of 97. notes of Series M-1982, $500 million of 9°;, notes of
Series B-1987, and $396 million of 9-1/87. bonds of 2004-09 Issued
August 15, 1979.
34 / Exchanged by Federal Reserve banks and Government accounts for 9-5/87.
notes of Series W-1981 issued August 31, 1979.
12/
46
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. dollars; dollar amounts in millions)
Securities
1979- Apr
Bills.
Issue
date
.
Certificates of indebtedness.
May
Bills.
Certificates of indebtedness.
June
Bills.
Certificates of indebtedness.
10/12/78
Ma turity
date
Interest
rate
(percent)
Total outstanding
end of month
November 1980
47
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries— Continued
(Payable in U.S. dollars; dollar amounts in millions)
Securities
1979-July- Continued
Certificates of indebtedness.
Issue
date
Maturity
Interest
date
rate
(percent)
Total outstanding
end of month
7/24/79
7/25/79
7/26/79
7/30/79
10/24/79
10/25/79
10/26/79
10/30/79
9.50
9.50
9.50
9.50
7/19/72
12/12/77
8/08/78
8/09/78
7/16/79
7/31/79
7/16/79
7/31/79
7/31/79
7/31/79
7/31/86
4/30/80
6.10
6.25
6.25
6.25
9.35
7.75
6/22/79
6/25/79
7/18/79
8/14/79
9/21/79
9/25/79
10/18/79
11/14/79
8.90
8.90
9.35
9.50
9/06/77
12/12/77
8/15/79
8/31/79
6/27/79
6/28/79
9/18/79
9/27/79
6/25/79
6/26/79
6/27/79
6/28/79
6/29/79
9/25/79
9/26/79
9/27/79
9/28/79
9/28/79
8.90
8.80
8.80
8.80
8.80
9/07/79
9/10/79
9/11/79
9/12/79
9/14/79
9/17/79
9/20/79
9/21/79
9/21/79
9/21/79
9/24/79
9/24/79
9/24/79
12/07/79
12/10/79
12/11/79
12/12/79
12/14/79
12/17/79
12/20/79
12/21/79
12/21/79
12/21/79
12/27/79
12/27/79
12/27/79
<*.35
101
^.35
10.55
10.55
10.55
10.55
10.35
10.35
10.35
10.35
10.35
10.35
10.35
204
9/24/79
9/25/79
9/25/79
9/25/79
9/25/79
9/25/79
9/25/79
9/26/79
9/27/79
9/28/79
9/28/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/28/79
12/28/79
10.35
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10/05/78
10/06/78
12/12/77
9/30/79
9/30/79
9/30/79
4/12/79
10/25/79
10/25/79
10/31/79
10/11/79
3/03/80
4/01/80
6/19/80
7/03/79
7/10/79
7/11/79
7/16/79
7/17/79
7/18/79
7/19/79
7/20/79
7/23/79
7/24/79
7/25/79
7/26/70
7/30/79
10/03/79
10/10/79
10/11/79
10/16/79
10/17/79
10/18/79
10/19/79
10/22/79
10/23/79
10/24/79
10/25/79
10/26/79
10/30/79
9.00
9.30
9.30
9.30
9.35
9.35
9.35
9.35
9.35
9.50
9.50
9.50
9.50
9/24/79
9/25/79
9/25/79
9/25/79
9/25/79
9/25/79
9/25/79
9/26/79
9/26/79
9/27/79
9/27/79
9/28/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/79
12/27/70
12/27/79
12/27/79
12/27/79
12/28/79
10.35
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10/01/79
10/01/79
10/01/79
10/03/79
10/03/79
1/03/80
1/02/80
1/03/80
1/03/80
1/03/80
10.00
10.00
lOjOO
10.35
10.35
147
156
168
99
500
50
400
8 50
500
400
Aug.
Certificates of indebtedness.
Notes
Sept
Bills
91
36
32
200
6.875
6.625
50
.
Certificates of indebtedness
Notes
Oct
Bills
341
251
224
36
39
21
230
117
22
114
124
165
125
285
14
160
160
203
18
53
53
21
53
37
40
262
219
475
6.625
6.625
6.625
25
50
.
Certificates of indebtedness
245
258
2
50
51
100
15
12
54
170
176
192
36
147
156
168
99
14
31
7
14
28
18
102
10
27
1
39
54
3
89
54
108
48
Treasury Bulletin
.PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of
Foreign Countries-Continued
(Payable
Issue
date
1979-Oct. -Continued
Certificates of indebtedness.
10/O3/7<)
10/10/7fl
10/11/79
10/16/71
10/17/79
10/18/79
10/19/79
10/22/79
10/23/79
10/24/79
10/25/79
10/26/7")
10/30/79
in
dollars; dollar amounts in millions)
U. S.
Maturity
date
Interest
rate
(percent)
1/03/80
1/10/80
1/11/80
1/16/80
1/17/80
1/18/80
1/21/80
1/22/80
1/23/80
1/24/80
1/25/80
1/28/80
1/30/80
10.35
10.80
10.80
11.85
11.85
11.85
11.85
11.85
12.95
12.95
12.95
12.95
12.25
10/06/78
10/31/79
5/10/79
11/19/79
11/08/79
5/01/80
6/02/SO
7/01/80
8/01/80
9/02/80
7.25
Nov.
Bills.
U/29/79
11/29/79
11/29/79
11/30/79
Certificates of indebtedness
Dec .
Bills.
Certificates of indebtednes
8/14/79
9/28/79
9/28/79
9/28/79
9/28/79
10/01/79
10/03/79
li/14/79
1/25/77
6/30/77
1/31/78
10/10/78
11/15/79
11/15/79
11/30/79
11/30/79
12/19/79
12/21/79
12/21/79
12/31/79
12/31/79
6/02/80
9/02/80
8/01/80
10/01/80
12/01/80
9/07/79
9/10/79
9/11/79
9/12/79
9/14/79
9/17/79
9/20/79
9/21/79
9/24/79
9/25/79
9/28/79
9/28/79
9/2S/7t
12/07/79
12/10/79
12/11/79
12/12/79
12/14/79
12/17/79
12/20/79
12/21/79
12/27/79
12/27/79
12/28/79
12/28/79
12/28/79
10/03/79
10/10/79
10/11/79
10/16/79
10/17/79
10/17/79
10/18/79
12/05/79
12/07/79
12/10/79
12/11/79
12/12/79
12/13/79
12/14/79
12/14/79
12/17/79
12/20/79
12/21/79
12/27/79
12/28/79
12/28/79
12/31/79
1980- Jan.
Bills.
Certlflrates of Indebfednes
11/14/79
12/28/79
12/28/79
12/28/79
12/28/79
1/03/80
1/03/80
2/14/80
1/03/80
1/10/80
1/11/80
1/16/80
1/17/80
1/17/80
1/18/80
1/05/80
3/07/80
3/10/80
3/11/80
3/12/80
3/13/80
3/14/80
3/14/80
3/17/80
3/20/80
3/21/80
3/27/80
3/28/80
3/28/80
3/31/80
7/18/77
1/31/78
12/31/79
12/31/^9
1/08/80
1/28/80
1/30/80
1/30/80
10/01/80
10/01/80
10/01/80
11/03/80
10/01/79
10/03/79
10/18/79
10/19/79
10/22/79
10/22/79
10/23/79
10/24/79
10/24/79
10/25/79
10/26/79
10/30/79
1/02/80
1/03/80
1/02/80
1/03/80
1/18/80
1/21/80
1/22/80
1/22/80
1/23/80
1/24/80
1/24/80
1/2 5/80
1/28/80
1/30/80
4/02/80
4/04/80
9.50
10.00
10.00
10.00
10.00
10.00
10.35
12,05
7.00
6.25
7.125
7.125
9,85
9,85
10,55
10,55
10.55
10.55
10.35
10.35
10,35
10,00
10,00
10,00
10,00
10,35
10,80
10,80
11,85
11,85
11.85
11,85
11,95
11,95
11.95
12,05
12.05
12.05
12.05
12.05
12.05
12,25
12,25
12,10
12,10
12,10
12,10
7,50
7,125
10
.
November 1980
49
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries— Continued
(Payable in U.S. dollars; dollar amounts In millions)
iqSO-Jan.-Continued
Certificates of indebtedness.
Issue
date
Maturity
1/04/80
1/04/80
1/04/80
1/07/80
1/22/80
1/22/80
1/24/80
1/24/80
1/25/80
1/25/80
1/28/80
1/30/80
4/08/80
1/14/80
Feb
Bills.
Certificates of indebtedness.
02/11/80
02/11/80
11/14/79
12/07/79
12/07/79
12/10/79
12/10/79
12/11/79
12/11/79
01/25/80
01/28/80
01/28/80
01/28/80
01/30/80
01/30/80
01/30/80
02/08/80
02/14/80
02/14/80
02/14/80
Notes
Mar
Bills
Certificates of indebtedness
08/01/77
10/25/79
3/04/80
12/05/79
12/11/79
12/12/79
12/13/79
12/14/79
12/14/79
12/14/79
12/17/79
12/20/79
12/20/79
12/21/79
12/21/79
12/21/79
12/27/79
12/27/79
12/28/79
12/28/79
12/28/79
12/31/79
1/02/80
1/03/80
1/04/80
1/07/80
1/07/80
1/07/80
2/08/80
2/08/80
2/08/80
3/05/80
3/05/80
3/05/80
3/10/77
3/15/77
9/07/77
date
50
Treasury Bulletin
.PUBUC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries-Continued
51
November 1980
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries-Continued
(Payable in U.S. dollars; dollar amounts in millions)
1980-August
Bills..
Certificates of indebtedness.
1980-September
Bills
Certificates of indebtedness.
1980-October
Bills..
Certificates of indebtedness.
Interest
rate
(percent
Issue
date
Maturity
date
11/29/79
12/21/79
04/17/80
08/01/80
08/01/80
08/01/80
08/01/80
08/15/80
08/18/80
08/18/80
08/01/80
08/01/80
08/01/80
10/01/80
11/03/80
01/05/81
09/02/80
02/12/81
OA/01/81
05/01/81
05/07/80
05/14/80
05/16/80
05/23/80
05/28/80
05/29/80
06/10/80
07/11/80
07/15/80
07/18/80
07/21/80
07/25/80
07/30/80
08/07/80
08/14/80
08/18/80
08/25/80
08/28/80
08/29/80
09/10/80
10/14/80
10/15/80
10/20/80
10/21/80
10/27/80
10/30/80
9.75
8.60
8.60
8.95
7.70
02/28/77
08/15/80
9.00
11/30/79
12/21/79
08/01/80
09/15/80
09/26/80
09/02/80
09/02/80
09/02/80
12/01/80
05/01/81
11.40
06/10/80
06/11/80
06/11/80
06/12/80
06/13/80
06/18/80
06/30/80
09/11/80
09/11/80
09/11/80
09/12/80
09/12/80
09/15/80
09/15/80
09/18/80
09/18/80
09/10/80
09/11/80
09/11/80
09/12/80
09/15/80
09/18/80
09/30/80
12/11/80
12/11/80
12/11/80
12/12/80
12/12/80
12/15/80
12/15/80
12/18/80
12/18/80
6.50
6.50
6.50
6.50
6.50
6.40
7.10
10.10
10.10
10.10
10.10
10.10
10.10
10.10
10.65
10.65
10/02/78
09/30/80
8,625
01/28/80
01/30/80
08/01/80
10/01/80
10/20/80
10/29/80
12/31/79
10/01/30
10/01/80
10/01/80
06/01/81
04/20/81
06/01/81
10/01/80
07/01/80
10/01/80
10/07/86
10/07/80
10/10/80
10/10/80
10/20/80
10/20/80
10/28/80
10/28/80
12/11/80
01/07/81
01/07/81
01/07/81
01/07/81
01/12/81
01/12/81
01/12/81
01/12/81
07/0'7/80
07/07/80
07/10/80
07/10/80
07/18/80
07/18/80
07/28/80
07/28/80
09/11/80
10/07/80
10/07/80
10/07/80
10/07/80
10/10/80
10/10/80
10/10/80
10/10/80
Total outstanding
end of month
161
101
25
101
102
218
101
300
319
123
25
40
11
25
183
146
7.70
6
6.50
8.20
8.20
8.20
8.20
26
24
4
7.90.
43
54
8.25
22
19,408
255
12
101
146
108
29
46
26
20
9
32
35
46
26
46
20
20
9
9
32
32
400
18,721
114
54
101
11.36
3.00
12.44
187
5
166
66
8.15
8.15
8.15
8.20
8.20
8.20
8.20
7.90
7.90
10.10
11.30
11.30
11.30
11.30
11.30
11.30
13
88
7
101
20
25
40
24
34
26
50
6
50
6
97
19
30
97
11.30
lo
1 1 .
Treasury Bulletin
52
.PUBLIC DEBT OPERATIONS.
Table PDO-9.
-
Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Dollar amounts in millions)
Amount
(Dollar equivalent)
Payable
in --
Issue
date
Maturity
date
Interest
rate
(percent)
1978-Jan.
28
30
Swiss francs
Swiss francs
Swiss francs
7/07/76
8/06/76
1/06/79
1/06/78
2/06/78
7/06/79
6.70
6.50
7.05
Swiss francs
Swiss francs
Swiss francs
8/06/76
8/20/76
9/10/76
2/06/78
2/20/78
3/10/78
6.50
6.35
6.20
Swiss francs
Swiss francs
Swiss francs
9/10/76
10/08/76
3/10/78
3/10/78
4/07/78
9/10/79
6.20
5.95
7.40
Swiss francs
Swiss francs
Swiss francs
10/08/76
10/29/76
4/28/78
4/07/78
4/28/78
10/29/79
5.95
5.80
7.70
Swiss francs
12/10/76
6/09/78
Swiss francs
Swiss francs
Swiss francs
12/10/76
3/08/77
6/09/78
6/09/78
9/08/78
10/29/79
5.25
5.90
7.95
85
Swiss francs
Swiss francs
3/08/77
A/18/77
9/08/78
10/18/78
5.90
5.60
19
22
Aug
Notes
Swiss francs
4/18/77
10/18/78
5.60
52
Sept
Notes.
Swiss francs
4/18/77
10/18/78
Swiss francs
Swiss francs
10/18/78
10/18/78
7/06/79
9/10/79
9.00
9.00
Swiss francs
Swiss francs
Swiss francs
4/18/77
5/26/77
10/18/78
10/18/78
11/27/78
10/29/79
5.60
6.10
8.95
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
11/27/78
11/27/78
11/27/78
11/27/78
2/20/79
3/01/79
4/20/79
7/06/79
9.00
9.00
9.30
9.70
Swiss francs
Swiss francs
5/26/77
8/19/77
11/27/78
2/20/79
6.10
6.60
Swiss francs
11/27/78
2/20/79
9.00
Swiss francs
8/19/77
2/20/79
6.60
Swiss francs
11/27/78
2/20/79
Swiss francs
Swiss francs
Swiss francs
11/27/78
11/27/78
9/01/77
2/27/79
3/01/79
3/01/79
9.00
9.00
6.40
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
10/18/78
10/18/78
11/28/78
7/06/79
9/10/79
7/06/79
2/20/79
9.00
9.00
9.70
9.30
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
francs
francs
10/20/77
1/06/78
3/10/78
4/28/78
6/09/78
10/18/73
4/20/79
7/06/79
9/10/79
10/29/79
10/29/79
10/29/79
7.15
7.05
7.40
7.70
7.95
8.95
Swiss francs
10/18/78
10/29/79
Feb.
Notes.
Mar .
Notes.
Apr
Notes.
2
36
4
144
31
.
May
Notes.
June
Notes.
July
Notes
7
50
31
.
.
Oct.
Certificates.
41
45
9
Nov.
Certificates.
145
3
17
130
350
14
Dec.
Certificates.
1979-Jan.
Certificates.
Feb.
Certificates.
Mar.
Certificates.
Apr.
Notes.
U/27/78
28
3
25
7
2
130
17
82
17
124
17
75
2
53
November 1980
PUBLIC DEBT OPERATIONS.
Table PDO-10.
-
Foreign Currency Series Securities
Issued to Residents of Foreign Countries
(Dollar amounts in millions)
Treasury Bulletin
54
.UNITED STATES SAVINGS BONDS.
Series E, EE and Series HH are
currently sold.
Series EE January
since January
1,
1,
1980
1980.
and Series HH has been on sale
Series A-D were sold from
1935 through April 30, 1941.
Series
May 1,1941 through April 30, 1952.
1,
the only savings bonds
Series E has been on sale since May 1, 1941,
F
March
and G were sold
1,
from
Series H sold from June
1952 through
December 31, 1979.
Series J and K were sold from May
through April 30, 1957,
issues, interest yields, maturities, and other terms appear
in the Treasury Bulletins of April 1951, May 1951, May 1937,
October and December J959, May and October 1961, June 1968,
and September 1970; and the Annual Report of the
Secretary
of the Treasury for fiscal years 1966 through 1977,
Tible SB-1.
-
Sales and Redemptions by Series, Cumulative through
(In millions of dollars)
1, 1952
Details of the principal changes in
Oetobvr 81, 1980
November 1980
33
.UNITED STATES SAVINGS BONDS,
Table SB-3.
-
Sales and Redemptions by Periods, Series
E through K
(In millions of dollars)
Redemptions 1/
Sales 1/
Accrued
di scoun t
Sales plus
accrued
discount
Sales
price 2/
E and H
Fiscal years:
1941-70
3/
Amount outstanding
Accrued
discount u/
Interest-bearing
debt
Matured
non-interestbearing debt
56
Treasury Bulletin
.UNITED STATES SAVINGS BONDS,
Table SB-3.
-
Sales and Redemptions by Periods, Series
E through K— Continued
3/
(In millions of dollars)
Redemptions
Sales 1/
Fiscal years:
1941-70
Accrued
discount
Sales plus
accrued
discount
Sales
price
_ft/
_1/
Accrued
discount 4/
Exchange of
E bonds for
H bonds
Amount
outstanding
( interestbearing debt)
51
November 1980
.UNITED STATES SAVINGS BONDSTable SB-4,
-
Redemptions of Matured and Unmatured Savings Bonds
I
v
In millions of dollars)
Unclassified
Series E
and H
Fiscal years:
1951-64.
1965
1966
1967
1968
1969
1970
140
346
922
982
339
748
425
1971
1972
1973
1974
1975
1976
T.O
1977
1978
1979
1980
Calendar years
1951-69
1970
33S
586
681
517
543
589
064
747
975
703
39,488
2,184
2,253
2,471
2,548
2,560
2,792
2,490
2,043
2,126
2,729
2,544
2,820
797
3,578
3,157
5,654
10,430
:
122, 280
6,
5,
205
244
5, 3li5
6,
210
833
6.
291
6,
7^1
3,
110
200
6.
12, 326
54,505
2,841
2,022
2,053
2,508
2,627
2,481
3,275
2,556
3,129
6,459
1,192
1,295
1,003
463
646
2,240
1,729
2,416
2,515
1,334
850
575
664
1,032
1,326
1,618
2,067
747
673
729
486
441
581
531
n.a.
22
Series E
and H
8/
Treasury Bulletin
38
.UNITED STATES SAVINGS NOTES.
United States savings notes were on
through June 30, 1970.
by
individuals
with
sale
May
The principal terms and conditions for purchase and re-
1967
1,
The notes were eligible for purchase
the simultaneous purchase of Series E
demption and information on investment yields of savings notes
appear in the Treasury Bulletins of March 1967 and June 1968;
and in the Annual Report of the Secretary of the Treasury for
savings bonds.
fiscal year 197A.
Table SN-1.
-
Sales and Redemptions by Periods
(In millions of dollars)
Sales 1/
528
323
11
Accrued
discount
12
25
33
28
29
35
31
24
540
347
44
28
29
35
33
22
6
6
23
22
21
21
23
22
21
21
705
22
160
31
-3
31
28
29
39
25
24
23
22
21
Redemptions
Sales plus
accrued
discount
191
27
28
29
39
25
24
23
2^1
Sales
price
35
111
167
85
69
77
75
45
11
36
31
34
105
157
77
58
52
58
32
1
6
10
8
11
14
17
13
8
3
12
48
76
24
19
28
41
35
154
124
145
116
9
71
74
62
60
66
40
29
23
20
30
13
16
14
13
12
13
22
82
53
42
35
33
52
22
21
12
20
9
2
2
2
1
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
7
4
3
2
2
2
11
12
6
2
7
5
2
2
16
8
8
1
1
3
1
1
1
1
3
1
1
1
2
Source: Monthly Statement of the Public Debt of the United States; Office
of Market Analysis, United States Savings Bonds Division.
Sales were discontinued after June 30, 1970.
Figures shown thereafter
represent adjustments.
U
Accrued
discount
5
Amount
outstanding
505
742
619
561
519
477
435
413
407
394
385
359
304
682
584
540
496
453
424
406
393
383
352
357
354
352
350
347
341
332
322
308
307
306
304
303
II
Includes U.S. savings notes exchanged for Series H bonds beginning
January 1972.
*
Less than 5500,000'.
November 1980
59
.OWNERSHIP OF FEDERAL SECURITIES,
Table OFS-1.
-
Distribution of Federal Securltl«l by Classes of Investors and Type of Issues
(In millions of dollars)
Interest-bearing public debt securities
End of
fiscal year
or month
Total
Federal
securities
outstanding
Held by U.S. Government accounts
Total
outstanding
Public
Issues
held by
Federal
Reserve
banks
Noiunarketable
Govermaent
account series
1972
1973
1974
1975
1976
437,329
458,426
486,247
544,131
631,385
646,379
709,138
730,425
833,751
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
819,007
111,460
123,385
138,206
145,283
149,511
146,105
155,490
157,973
187,683
1980
914,317
906,402
1979-Mar.,
804,624
792,344
1979-Sept
Oct.
Nov.
Dec.
833,751
834,000840,965
852,184
819, ou;
1980- Jan.
Feb.
Mar.
Apr.
May.
June,
July,
Aug.
Sept,
854,741
861,603
870,444
876,914
884,788
884,381
888,367
900,075
914,317
T.Q
1977
1978
1979
End of
fiscal year
19,868
20,080
21,229
20,475
18,353
16,540
14,619
13,886
11,379
89,535
101,248
114,921
122,752
129,202
127,409
138,816
152,031
174,248
197,743
10,078
187,665
165,274
12,685
l.-':
-
2,056
110,255
825,736
832,730
843,960
i87,683
185,714
187,133
187,148
11,370
11,370
11,048
11,047
174,248
172,280
174,030
174,04 5
2,056
2,055
2,055
2,056
115,458
114,580
118,087
117,458
846,517
853,366
862,211
868,866
873,529
876,275
880,395
888,733
906,402
184,499
189,290
186,328
188,168
190,693
104,004
180,159
189,762
197,743
11,046
10,817
10,801
10,761
10,373
10,327
10,328
10,086
10,078
171,397
176,417
173,471
177,408
180,320
2,056
2,056
116,310
115,171
Interest-bearing public debt securities-Con.
Held by private investors
or month
Marketable
Nonmarke table
Matured
public
debt
and debt
bearing no
interest 2^/
184,576
178,831
179,676
187,665
124,515
119,563
119,277
120,711
Agency securities
1,076
063
007
1,067
1,179
1,142
1,211
4,573
7,512
10,804
11,100
12,012
10,943
10,953
11,678
10,298
8,881
7,232
2,170
2,156
2,152
2,185
2,223
2,222
2,094
1,705
1,614
Held by
private
investors
242,545
257,947
254,548
302,090
375,197
391,028
437,423
484,234
515,866
166,078
167,869
164,862
210,382
279,782
294,595
326,674
356,501
379,856
75,556
90,078
89,585
91,708
95,415
96,433
110,750
127,733
136,010
587,948
463,717
124,231
1,290
6,616
1,505
5,011
515,815
380,060
135,755
4,448
7,8)2
1,658
5,173
7,213
7,132
7,068
1,614
1,515
135
1,611
5,619
5,597
6,997
5,457
1,812
1,521
1,621
1,620
1,510
1,517
1,610
5,234
5,390
5,372
5,285
5,252
5,151
5,075
1,604
1,605
5,048
5,011
379,856
389,074
390,438
402,226
136,010
135,358
137,071
137,128
7,512
1,051
1,103
1,155
980- Jan.
Feb.
Mar.
Apr.
May.
June
545,708
548,905
559,225
561,873
558,833
556,856
571,573
579,593
587,948
408,302
414,648
430,03 6
435,284
433,184
431,893
446,254
454,055
137, «06
1,178
1,225
1,241
1,143
4,388
Aug.
Sept
115,657
118,825
124,003
Held by
U.S. Government
accounts and
Federal Reserve
banks
515,866
525,442
527,509
539,354
July
71,356
75,022
80,485
84,749
94,446
96,427
104,715 1/
114,764
115,458
120,711
Total
outstanding
1/
1979-Sepc
Oct.
Nov.
Dec.
;
.
2,056
2,056
2,055
2,056
2,056
2,055
2,055
2,055
2,056
463,717
12S419
1,3 30
288
1
7,046
7,011
6,993
6,905
5,871
6,768
6,685
125,638
124,231
4,691
1,2"0
6,651
6,616
134,257
129,191
126,589
125,648
124,953
,
8,724
8,953
9,860
8,757
8,730
9,456
8,204
7,175
5,619
classified as agency debt.
fhese transactions were previously reported
as off-budget negative outlays.
Note:
The Export-Import Bank was moved within the Budget effective
October 1, 1975 pursuant to Public Law 93-646. Adjustments are made
to include totals for the period it was outside the Budget (August
17, 1971 through September 30, 1976).
Also, adjustments are made
to reflect certain Export-Import Bank borrowing transactions now
3/
Includes a nonmarketable Federal Reserve special certificate for
$2,500.
Adjusted to exclude non-interest-bearing notes issued to the International Monetary Fund to reflect the unified budget-concept.
For detail, see Table FD-5.
Less than $500,000.
Treasury Bulletin
60
-OWNERSHIP OF FEDERAL SECURITIES.
Table OFS-2. - Estimated Ownership of Public Debt Securities by Private Investors
(Par values 1/ in billions of dollars)
Nonbank investors
End of
month
Total
privately
held
Individuals 3/
Commercial
banks
Savings bonds
2/
Series
E and H
33.4
231.6
208.1
1939-Dec..
1946-Fcb..
Dec
196.
199.
1956- June.
Dec,.
1957-June.
Dec.
1958-June.
,3
193.5
197.2
l')7.2
Dec.
203,7
204,4
210.6
1959-June.
Dec
1960-June..
Dec.
1961-June.,
Dec,
1962-June..
Dec,
1965-June..
Dec
1964-June.,
Dec,
1965-June.
Dec.
1966-June.
Dec.
1967-June.
Dec.
1968-June.
Dec
1969-June.
Dec
1970-June.
Dec
1971-June
Dec
1972-June
Dec
1973-June
Dec
1974-June
Dec
1975-June
Dec
1976-June
Dec
12.7
93.8
74.5
57.3
59.5
56.2
59.5
65.2
67.2
61.5
60.3
204.5
207.5
205.4
212.3
211.5
216.2
215.0
217.2
214.7
218.9
213.6
216.8
55.3
62.1
62.5
67.2
65.1
67.1
64.3
64.2
60.2
63.9
209.6
215.5
204.4
219.5
217.0
226.7
214.0
221.2
217.2
229.1
54.8
57.4
55.5
63.8
59.7
228.9
247.1
243.6
261.7
258.9
260.9
255.6
271.0
303.2
349.4
376.4
61.0
65.3
60.9
67.7
58.8
60.3
58.2
60.7
66.0
55.3
56.8
52.6
62.7
20.7
137.9
133.6
139.5
140.9
137.4
137.7
131.9
136.2
142.8
150.4
9.4
63.9
64.1
66.6
65.9
66.3
64.9
64,4
63.7
66.3
69.4
149.2
145.5
142.9
145.2
146.4
149.0
150.7
153.0
154.6
155.0
155.4
156.1
69.
154.9
158.1
148.9
155.8
157.2
160.7
158.7
164.5
164.7
166.4
72.8
74.2
70.4
73.5
74.2
75.1
77.3
7
66.1
64.6
65.8
65.5
65.9
65.9
68.0
68.5
69.5
70.7
71.9
80.8
81.8
81.2
30.8
30.3
40.9
41.4
41.5
41.6
42.1
42.5
42.6
42.4
42.5
42.9
43.6
44.2
44.6
45.1
46.0
46.7
47.3
47.9
48.3
48.8
102.8
101.4
318.2
359.9
104.9
107.8
74.0
76.3
Dsc
477.8
508.6
99.1
93.1
378.7
415.5
109.0
114.0
78.7
80.3
1979-Jan..
Feb..
Mar..
Apr.
May..
June.
521.4
518.6
519.6
517.1
521.5
516.6
89.9
91.1
92.5
92.0
94.2
93.5
431.5
427.5
427.1
425.1
427.3
423.1
115.2
116.2
116.1
116.0
117.0
113.0
80.2
80.2
80.2
80.2
80.2
80.2
July.
Aug..
Sept.
Oct..
Nov.,
519.8
521.5
89. 8r
89. Or
523.4
526.5
528.6
540.5
90.1
90. 4r
430.0
432.5
433.3
436.1
437.1
114.3
114.4
115.5
116.0
115.4
116.1
80.3
80.3
80.2
80.1
79.7
79.5
546.9
551.6
560.5
563.0
92.1
Dec
197S-June.
.
Dec.
1980-Jan..
Feb..,
Mar..
Apr
May..
.
June
July..
372.9
Aug..
583.8
589.2
Sept.
.
91. 5r
91. 5r
92.9
92.4
90.3
92.0
93.6
94.4
93.1
100.9
449. Oj
454.7
458.7
468,1
472.7
470.9-
464.6
478.5
485.7
488.3
7.5
20.6
20.0
16.3
15.8
17.2
16.7
16.4
16.0
19.3
23.5
24.1
7
20.5
18.5
19.4
18.8
19.0
18.3
19.8
19.9
20.4
21.3
22.2
5
2
1
9
6
5
3
2
.9
.5
.3
.3
22.8
23.9
19.7
22.3
22.7
23.3
25.5
29.0
30.2
29.1
86.8
90.8
96.2
101.6
52.5
53.8
55.4
57.1
58.9
59.8
61.4
62.9
65.0
66.9
69.2
71.6
22.2
18.8
17.2
16.2
16.4
16.9
18.8
20.8
21.3
21.3
26.6
30.5
31.1
84..2
117.0
113.8
n
't
.
8
125.3
124.3
120.1
121.2
124.1
123.0
78.2
77.3
75.6
73.9
73.2
73.1
73.0
72.9
Source:
Office of GovetniueiiL FiUdi.^.i.^ m mt- Olf.Lt .1 u,t j.ii.t..i.
United States savings bonds. Series A-F and J, are included at curren
redemption value.
Consists of commercial banks, trust companies, and stock savings
banks in the United States and in Territories and island possessions.
Figures exclude securities held in trust departments.
Includes partnerships and personal trust accounts.
Exclusive of banks and insurance companies.
Consists of the investment of foreign balances and international
5/
y
Other
securities
1
.4
.5
.6
421.0
461.3
1977-June
5
4.5
3.5
51.1
51.4
51.2
51.1
50.8
51.4
103.8
92.
5.9
5.2
.7
5
409.
53.2
55.6
69.0
85.1
1.9
12.5
13.9
9.4
8.7
7.6
6.6
49.2
49.8
50.4
50.9
167.9
181.8
182.8
194.0
200.1
200.6
202.4
215.4
234.1
264.2
283.8
305.7
75.4
73.2
73.2
73.9
75.9
77.3
80.7
Other
Series 7/
State
and
Mutual
29.
34
Insurance
companies
savings
banks
Corpora-
local
tions 4/
governments
Foreign
and inter"
national
5/
November 1980
61
TREASURY SURVEY OF OWNERSHIP,
SEPTEMBER
The monthly Treasury Sirrvey of Ownership covers securities
issued by the United States Government, Federal agencies, Fed-
erally-sponsored agencies, and the District of Columbia.
30,
1980
tions in the September 1960 Bulletin, and for State and local
governments in the February 1962 Bulletin.
The
banks and insurance companies included in the Survey currently
account for about 80 percent of all such securities held by
these institutions.
The similar proportion for corporations
and for savings and loan associations is 50 percent, and for
State and local governments, 40 percent.
Data were first pub-
Holdings by commercial banks distributed according
t.j
Federal Reserve member bank classes and nonmember banks ar«
published for June 30 and December 31.
Holdings by corporate
lished for banks and insurance companies in the May 1941 Treas-
pension trust funds are published quarterly, first appearing in
ury Bulletin, for corporations and savings and loan associa-
the March
195-;
Bulletin.
Table TSO-1. -Summary of Federal Securities
Treasury Bulletin
62
.TREASURY SURVEY OF OWNERSHIP, SEPTEMBER
Table TSO-2.
-
30,
1980
Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
November 1980
63
.TREASURY SURVEY OF OWNERSHIP. SEPTEMBER
Table TSO-3.
-
30,
1980.
Interest-Bearing Marketable Public Debt Securities by Issue— Continued
(par values - in millions of dollars)
Held by investors covered in Treasur:.' Survey
Total
aiiKDunt
outstanding 1/
U.S. Government accounts and
Federal
Reserve
ban}cs
5,355
comjner-
cial
banks
2/
A60
imtual
savings
bani
1/
Insurance companies
A37 fire,
casualty,
and
479
savings
and loan
associations
i,1enorandu(n:
State and local
governments
181
pension
311
general and refunds
tirement
funds
Treasury Notes-- Contii
7-1/i,
11-3/8
11-1/2
6-1/8
13-7/e
7-7/8
15
11/-3/8
9-l/<i
9-3/8
B-l/i.
8-5/8
8-7/8
8-1/8
9
11-1/8
8-3/8
11-7/8
7-7/8
7-1/8
9-3/8
8
9-1/4
7-7/8
11-5/8
8-7/8
11-7/8
9-1/4
9-3/4
7
9-7/8
10-1/2
7-1/i.
14-1/i
9-1/i.
8-7/8
7-1/4
12-1/8
8
10-3/8
14-3/8
8-1/4
9-5/8
11-3/4
7-7/8
12
7-5/8
8-1/i.
8-3/i.
9-1/i.
10-3/A
10-3/4
Dec,
Dec.
Jan.
Feb.
Feb.
Mar.
Mar.
Apr.
1981-L..
1981-AB.
1982-N..
1982-D..
1982-P..
1982-G..
1982-Q..
1982-R.
May
1982-E..
May
1982-A.
May
1982-K..
May
1982-S..
June 1982-H..
June 1982-T..
July 1982-U..
Aug.
1982-B..
Aug.
1982-M..
Aug.
1982-V..
Sept, 1982-J..
Sept. 1982-W..
Nov.
198 Z-C...
Nov.
1982-F..,
Dec.
1982-L..,
Feb.
1983-A..
Mar.
1983-D..,
May
1983-C.
May
1983-G...
June 1983-E..
Aug.
1983-J..,
Aug.
1983-K...
Sept. 1983-F..,
Nov.
1983-B...
Nov.
198:3-L...
Dec.
1983-H...
Feb.
1984-A. ..
Mar.
198^.-0...
May
1984-C...
June
1984-E...
Aug.
1984-B...
Sept. 1984-F...
Feb.
1985-A.
May
1985-C...
May
1985-D...
Aug.
1985-B...
Aug.
1985-E...
Nov.
1985-F...
May
1986-A.,.
Aug.
1986-B...
Feb.
1987-B...
May
1987-C...
Nov.
1987-A...
May
1988-A...
Nov.
1988-B...
May
1989-A.
Nov.
1989-B...
Aue.
1990-A...
.
.
.
Exchange Series
3,452
4,307
4,485
2,697
4,498
2,853
4.072
4.574
217
577
467
59
545
245
646
539
2,bU
53
2.74?
3,556
4.284
2.594
5,215
5,337
2,918
3,587
5.127
2,501
5,117
2,902
2,737
3.205
7,958
2,930
2,573
3,618
3.123
4.285
6,670
2,802
2,309
5,832
2,701
8,438
2,914
2,587
3,726
2,863
3,367
4.203
2,539
2,719
4,837
3.293
3.087
5,219
9,515
6.238
2.472
2.387
4,148
3,445
2,628
5,779
3.762
1.450
1,019
374
144
715
1.000
l,lb4
1,074
632
76
566
251
770
466
2,144
27
123
906
455
1.1 7h
3,265
374
101
1,965
242
3,913
571
81
542
388
381
1.448
53
314
1,624
144
1,158
1,995
1.668
498
616
1.754
1,147
459
1,944
1,186
21
823
669
1.010
720
888
1,075
1,046
1,344
668
328
800
1,199
670
781
857
518
669
1,830
987
849
767
729
926
1,260
1,043
884
844
1,334
1,158
1,496
782
540
1.532
1,089
1,098
1,088
695
928
689
454
716
633
781
1,021
975
287
566
1,848
1,099
161
336
282
336
346
3
58
133
7
Total Treasury Notes
Treasury Bonds:
4-1/4
May
3-1/4
June
3-1/2
Nov.
7
May
8-5/8
Aug.
1975-85.
1978-83.
1980
1981
1982
1984
1985
1986
1987-92.,
1988-93.
1988-93.
1989-94.
1990
1990
1992
1993
1993
1993-98.,
1993
Nov.
Feb.
1993
1994
May
1994-99...
1994
1994
1995
1995
1995-2000.
1995
1995
1995-2000
1996-2001.
1998
2000-05...
2002-07..
2002-07. ..
2003-08...
2003-08...
2004-09...
2004-09...
2005-10...
2005-10...
6-3/8
6-3/8
Aug.
Feb.
Aug.
3-1/4
6-1/8
4-1/4
May
Nov.
Aug.
4
Feb.
Aug.
7
7-1/2
4-1/8
3-1/2
8-1/4
7-1/4
6-3/4
7-7/8
8-1/2
8-3/4
10-1/8
3
10-1/2
7-7/8
12-5/8
10-3/8
8-3/8
a
3-1/2
8-1/4
7-5/8
7-7/8
8-3/8
8-3/4
9-1/8
10-3/8
11-3/4
10
May
Feb.
May
Aug.
Feb.
Feb.
Aug.
Nov.
Feb.
Feb.
Feb.
May
May
Aug
Aug.
Nov.
May
Feb.
Nov.
Aug.
Nov.
Hay
Nov.
Feb.
May
Total Treasury Bonds.
Total Marketable Public Debt
Securities
967
1.188
1.723
807
2,702
2.203
667
1,196
2,472
148
1,914
912
2.250
1.247
1,504
627
1,501
692
1,768
1,50*J
162
3,010
2.414
1,506
1.502
435
1.502
2,771
1,503
1,504
4,662
1,575
1,624
4,24b
4,249
1,495
2,103
5.230
4,606
4,201
2,647
2,987
84
1.652
83.772
347
218
59 5
410
1.016
1.24<)
410
106
172
864
1,089
42
1,321
422
863
411
93
209
153
228
131
53
34
128
28
617
282
7
2,131
831
714
2,228
1.554
265
749
1,611
725
,^20
80,^
242
407
415
27
Held by Held by
all
60,891
other
corporate
pension
investors
trust
funds
y
V
Treasury Bulletin
64
TREASURY SURVEY OF OWNERSHIP
SEPTEMBER 30, 1980
Table
TSO^.
-
Securities Issued by
(Par values
-
Government Agencies
in millions of dollars)
November 1980
65
.MARKET QUOTATIONS ON TREASURY SECURITIES,
Current market quotations shown here are over-the-
OCTOBER
31,
1980
listed Include all regularly quoted public marketable secu-
counter closing bid quotations in the New York market for
rities issued by the United States Treasury.
the last trading day of the month, as reported to the Treasury
issued by Federal agencies and guaranteed by the United
by the Federal Reserve Bank of New York.
Table MQ-1.
Amount outstanding
States Government are excluded.
The securities
-
Treasury
Bills
Securities
Treasury Bulletin
66
.MARKET QUOTATIONS ON TREASURY SECURITIES,
Table MQ-2.
-
Treasury NoteB-Continued
(Price decimals are 32nds)
Amount
outstanding
(millions)
OCTOBER
31,
1980
67
November 1980
.MARKET QUOTATIONS ON TREASURY SECURITIES,
Table MQ-3.
-
Treasury Bonds
OCTOBER
31,
1980.
Treasury Bulletin
68
.MARKET QUOTATIONS ON TREASURY SECURITIES,
o
o
CO
LU
o
CO
DC
LU
OQ
O
O
CO
Q
_l
LU
>-
CO
in
o
CM
\n
in
CJ
o
d
lO
a>
November 1980
69
AVERAGE YIELDS OF LONG -TERM BONDS.
Table AY-1.
Treasury
bonds 1/
Jan.
Feb.,
Mar,
Apr.
May.
June.
I
July.
Aug..
Sept.
Oct..
Nov..
Dec.
Jan.
Feb..
Mar.
Apr.
May..
Jime.
July.
Aug..
Sept.
Oct..
Nov..
Dec
Jan.
Feb..
Mar..
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov.
Dec.
5.74
-
Average Yields of Long-Term Treasury, Corporate and Municipal Bonds by Periods
New Aa
corporate
bonds 2/
New Aa
amnic ipal
bonds 2/
Treasury
bonds 1/
New Aa
corporate
bonds 2/
New Aa
municipal
bonds 2/
Treasury
bonds 1/
New Aa
corporate
bonds 2/
New Aa
nmnicipal
bonds 2/
Treasury
bonds 1/
New Aa
corporate
bonds 2/
New Aa
municipal
bonds 2/
Treasury Bulletin
70
AVERAGE YIELDS OF LONG -TERM BONDS.
71
November 1980
.INTERNATIONAL FINANCIAL STATISTICS
Table IFS-3 presents an area breakdown of United States
liabilities to official institutions of foreign countries.
The Lables in this section are designed to provide data
reserve assets and liabilities and other
on United States
statistics related to the United States balance of payments
position.
financial
and international
Table IFS-4 shows United States Treasury nonmarketable
bonds and notes issued to official institutions and other
residents of foreign countries.
Table IFS-1 shows the reserve assets of the United States,
including its gold stock, special drawing rights held in the
Special Drawing Account in the International Monetary Fund,
holdings of convertible foreign currencies, and reserve position in the International Monetary Fund.
Table IFS-5 sets forth the factors which affect the
United
States position in the International Monetary Fund.
brings together statistics on liabilities
institutions, and liquid liabilities to
other foreigners, which are used in the United States
all
balance-of -payments statistics.
weighted-average
Table IFS-6 presents a measure of
changes in exchange rates between the United States dollar
and the currencies of certain other countries.
Table IFS-2
to foreign official
Table IFS-1. - U.S. Reserve Assets
(In millions of dollars)
End of
calendar year
or month
Gold stock 2/
Total
reserve
assets l_/
Total
y
Treasury
(3)
(1)
(2)
1070
14,487
11,072
10,732
1971
12,167
y
10,206
10,132
1972
13,151
8/
10,487 8/
10,410 8/
1973
14,378 9/
11,652 9/
11,567 9/
1974
15,883
11,652
11,652
1975
16,226
11,599
11,599
1976
18,747
11,598
11,598
1977
19,312
11,719
11,719
1978
18,650
11,671
11,671
1979
18,956
11,172
11,172
Dec
18,016
19,285
18,956
11,194
11,112
11,172
11,194
11,112
11,172
1980-J«n.
Feb.
Mar.
Apr.
May.
June
20,989
20,887
21,491
21,644
21,917
21,943
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
July
21,845
22,691
22,994
23,967
11,172
11,172
11,168
11,163
11,172
11,172
11,168
11,163
1979-Oct.,
Nov.,
Aug.
Sept
Oct.
Special
drawing
rights
U
(A)
851
Foreign
currencies
UJ
(5)
5/
Reserve
position in
International
Monetary Fund \J 6/
(6)
Treasury Bulletin
12
INTERNATIONAL FINANCIAL STATISTICS^
Table IFS-2.
-
U.S. Liabilities to Foreigners
Selected
(in millions of dollars)
Liabilities
to
foreign countries
Official institutions II
Liabilities
to IMF
arising from
gold transactions 1/
End of
calendar
year or
month
f
WJ
i
1971 10/11/
'
1972 10/
Marketable U.S.
Treasury
bonds
in U.S.
and
notes 2/
Nonmarketable U.S.
Treasury
bonds and
notes kl
Other
readily
market-
Liabilities
able
liabilities bj
banks
6/
Liabilities
to nonmone-
7/
Nonmarketable U.S.
Treasury
bonds and
notes £/
(11)
(12)
Liabilities
reported
by banks
Marketable U.S.
in U.S.
3/
Gov' t.
bonds
tary international and regional or-
ganizations
9/
(13)
(<')
(10)
48,152
48,103
566
566
23,786
23,775
20,028
20,028
306
295
3,452
3,452
17,303
17,335
4,864
4,792
4,082
4,092
647
565
135
135
1,633
1,635
68,593
68,720
544
544
51,209
50,651
39,823
39,162
1,955
1,955
9,431
9,534
10,519
11,206
4,'329
3,747
3,750
447
447
135
153
1,974
1,969
61,526
61,526
40,093
40,093
5,236
5,236
15,747
15,747
4,705
4,705
425
425
2,188
2,206
(I)
1970
Liabilities
reported
by banks
Liabilities to
other foreigners
(2)
83,769
33,787
(3)
(4)
(6)
(5)
(7)
450
450
(8)
4,350
14,925
14,925
2,764
17,985
6,032
120,417
^120,325
76,816
76,823
53,196
53,203
5,059
5,059
16,339
16,339
2,222
2,222
30,575
30,367
8,882
8,991
8,384
8,493
498
498
4,144
4,144
1975
1976
1977
1978
1979
127,432
152,468
193,827
244,323
268,013
80,712
91,975
126,080
156,841
50,461
54,956
65,822
6,671
11,788
32,165
19,976
20,648
20,443
3,604
4,583
7,650
29,881
37,950
43,250
10,801
13,791
16,466
10,100
12,814
14,736
701
977
1,730
6,038
8,752
8,031
90,962
78,077
35,894-
37,669
20,970
17,387
9,015
9,993
59,797
90,249.
19,942
26,851
16,020
18,526
,3,056
1,595
5,269
7,743
7,787
1979-Sept...
Oct
Nov ...
267,073
261,734
264,718
268,013
143,786
140,853
76,545
74,587
70,804
78,077
38,103
38,159
37,122
37,669
19,547
18,497
17,837
17,387
9,591
9,610
9,555
9,993
90,857
88,120
94,625
90,249
24,310
24,673
26,527
26,851
17,353
17,627
18,255
18,526.
2,807
2,896
3,003
3,056
4,150
4,150
5,269
5,269
8,120
8,088
8,248
7,787
268,553
278,220
270,096
264,177
266,615
271,786
139,641
138,642
135,574
133,887
38,152
37,888
37,785
37,718
38,104
39,820
17,434
17,384
16,784
16,384
16,184
15,954
10,452
10,645
10,982
11,335
11,417
11,9»1
93,254
102,315
97,384
94,235
94,328
28,371
28,897
28,902
27,951
27,670
21,024
3,309
3,350
3,431
3,393
3,485
3,538
7,287
8,366
8,236
9i,219.
18,625
19,110
19,034
18,121
17,748
L8,999
6,437
142,613
73,603
72,725
70,023
68,450
71,218
74,848
274,482
286.768
278,500
146,372
147,801
149,183
77,183
79,261
79,846
40,582
39,837
40,835
15,954
15,654
15,254
12,653
13,049
13,248
92,886
103,457
92,922
7,999
28,536
29,120
17,940
18,330
18,731
3,622
3,769
3,952
6,437
6,437
6,437
1973
93,642
1974 10/
.
Dec.
.
.
.
1980-Jan
Feb
Mar
Apr ...
May
June.
,
July...
Aug. p.
Sept. p
12/
66,86H2M.233
143,126-
135,-318
143,126
136, 92>
15,564 Vll
Table is based on Treasury Department data and on data reported
Treasury Department by banks and brokers in the United States.
Data correspond generally to statistics following in this section and
in the "Capital Movements" section, except for the exclusion of
nonmarketable, nonconvertible U.S. Treasury notes issued to foreign
official nonreserve agencies and the inclusion of investments by
foreign official reserve agencies in debt securities of U.S. Federally-sponsored agencies and U.S. corporations. Table excludes
International Monetary Fund "holdings of dollars," and holdings of
U.S. Treasury letters of credit and nonnegotiable noninterest-bearing
special U.S. notes held by other international and regional organizations
Includes liability on gold deposited by the International Monetary
Fund to mitigate the impact on the U.S. gold stock of foreign purchases for gold subscriptions to the Fund under quota increases,
and JJ.S. Government obligations at cost value and funds awaiting
investment obtained from proceeds of sales of gold by the International Monetary Fund to the United States to acquire income-earning
assets.
Includes Bank for International Settlements and European Fund.
Derived by applying reported transactions to benchmark data.
Excludes notes issued to foreign official nonreserve agencies.
Includes debt securities of U.S. Government corporations. Federally-sponsored agencies, and private corporations.
Includes liabilities payable in dollars to foreign banks, and
liabilities payable in foreign currencies to foreign banks and to
"other foreigners."
e:
II
to the
8/
9/
10/
11/
.
12/
p.
2
2,327
6',437
6,437
6,437
6,437
6,437
S,104-
7,694
7.9M
7,225
6,974
7,275
Includes marketable U.S. Government bonds and notes held by foreign
banks
Includes nonmarketable U.S. Government bonds and notes held by
foreign banks.
Principally the International Bank for Reconstruction and Development,
the Inter-American Development Bank and the Asian Development Bank.
Data on the two lines shown for this date differ because of changed
in reporting coverage*" '.^Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to t^ose shown for the following date.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions"
are included with "banks"; a number of reporting banks are included
in the series for the first time; and foreign currency liabilities
are increased in value to retlect market excnange
rates as of December 31, 1971, as follows: U.S. Treasury certificates.,
$7 million; nonmarketable U.S. Treasury bonds and notes, column 6,
$103 million and column 12, $18 million.
Includes $162 million increase in dollar value of foreign currency
liabilities to official institutions of foreign countries revalued to
reflect market exchange rates, as follows: short-term liabilities,
$15 million; and nonmarketable U.S. Treasury notes, $147 million,
Preliminary
73
November 1980
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-3.
-
U.S.
Liabilities
to
Official Institutions
of
Foreign Countries, by Area
(In millions of dollars)
Total
foreign
countries
End of
calendar year
or month
Wes tern
Europe
u
(11
1<)70
3/.
23,786
23,775
1971
3/ 4/.
51,209
50,651
1972.
1973.
61,526
66,861
Latin American
and Caribbean
Republics
5./
Other
countries
(2)
(3)
13,620
13,615
2,951
2,951
1,681
1,581
4,713
4,708
407
407
414
413
30,010
30,134
3,980
3,980
1,414
1,429
14,519
13,823
415
415
871
870
4,279
3,853
1,733
2,544
17,577
10,887
777
788
2,963
3,025
34,197
45,764
.
(4)
(5)
(7)
76,816
76,823
44,328
44,328
3,562
3,562
4,419
4,419
18,519
18,626
3,161
3,161
2,627
2,627
80,712
91,975
126,080
156,841
143,126
45,701
45,882
70,748
93,089
85,602
3,132
3,406
2,334
2,485
22,551
34,108
45,676
53.068
2,983
1,893
1,742
2,408
1,897
1,782
947
752
1,898
4,448
4,906
4,633
5,038
6,350
46,357
2,412
497
1979- Sept.
Oct..
Nov.
Dec.
143,786
140,853
135,318
143,126
87,234
85,585
80,841
85,602
2,412
1,954
1,971
1,898
4,883
4,532
4,558
5,360
46.299
45,787
45,160
45,357
2,511
2,583
2,215
2,412
447
412
553
497
1980- Jan..
Feb..
Mar..
Apr.
May..
June.
139,641
138,642
135,574
133,887
136,923
142,613
82,528
79,852
77,119
74,154
74,159
75,246
1,922
2,347
1,544
1,903
2,134
2,157
47,098
48,207
47,501
47,790
50,778
55,605
July
146,372
78,141
Aug. p..
Sept. p.
147,801
149,183
78,425
76,487
1,907
2,156
1,911
4,753
4,841
6,074
5,968
6,021
6,020
6,356
6,119
5,676
2,480
2,392
2,419
3,315
2,889
2,694
2,930
3,281
3,232
750
1,003
817
756
942
891
735
483
532
1974.
1975.
1976.
1971.
1978.
1979
[
.
.
Note:
Data represent short-term and long-term liabilities to the official institutions of foreign countries, as reported by banks in the
United States; foreign official holdings of marketable and nonmarketable U.S. Government securities with an original maturity of more
than one year except for nonmarketable notes issued to foreign official nonreserve agencies; and investments by foreign official reserve
agencies in debt securities of U.S. Government corporations.
Federally-sponsored agencies, and private corporations.
Includes Bank for International Settlements and European Fund.
1/
2/
Includes countries in Oceania, Eastern Europe and Western European
dependencies in Latin America.
Data on the two lines shown for this date differ because of changes in
3/
reporting coverage. Figures on the first line are comparable in
4^/
V
p
55.303
57,337
60,345
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following da te.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official ins titutions" are
included with "banks"; a number of reporting banks are included in the
series for the first time; and U.S. Treasury liabilitie s payable in
foreign currencies to official institutions of foreign countries are
increased in value by $101 million to reflect market exichange rates
as of December 31, 1971.
Includes $162 million increase In dollar value of forei gn currency
liabilities revalued to ref lee t marke t exchange rates.
Preliminary.
74
Treasury Bulletin
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-4. - Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official Institutions and Other Residents
of Foreign Countries
(In millions of dollars or dollar equivalent)
End of
calendar
year or
month
Payable in dollars
Grand
total
Germany
Switzerland
(1)
C2)
(3)
(4)
Other
Europe 1/
Canada
(5)
(6)
(7)
57
54
42
2,289
2,640
2,840
2,540
2,540
2,100
1,650
135
135
135
1970
1971
1972
1973
1974
1975
1976
1977
3,698
9,809 4/
15,872
15,669 5/
16,339
19,976
20,468
20,443
2,480
7,829
14,333
14,210
14,867
18,377
19,102
19,274
5,000
11,315
11,670
12,327
16,277
16,879
17,467
573
505
1978
22,565
20,624
17,467
2,707
450
1979
22,656
17,387
16,607
630
150
1979-Oct..
Nov.
Dec.
22,647
23,106
22,656
18,497
17,837
17,387
17,267
17,007
16,607
9 30
630
630
300
200
150
1980-Jan.
23,871
23,821
23,221
22,821
22,621
22,391
17,434
17,384
16,784
16,384
16,184
15,954
16.607
16,607
16,007
16,007
15,807
15,807
677
677
677
277
277
47
150
100
100
100
100
100
22,391
22,091
21,691
21,691
15,054
15,654
15,254
15,254
15,807
15,507
15,107
15,107
47
47
47
47
100
100
100
100
.
Feb..
Mar..
Apr.
May..
June.
Ju.ly.
Aug.
Sept.
Oct..
.
End of
calendar
year or
month
2/
700
73
November 1980
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-5.
-
Position in the international Monetary Fund
U.S.
(In millions of dollars)
Transactions affecting IMF holdings of dollars
during period
Calendar year
or month
Transaction by
other countries
with IMF
U.S. transactions with IMF
Payments of
subscription in
Net
gold
sales
Net
borrowings by
IMF 2/
by IMF
1/
Transactions
in
IMF net
income
foreign
currencies
Purchases
of
Repurchases
CD
(2)
1,155
712
(3)
V
(4)
(5)
(6)
(7)
218
-28
-47
-33
-59
-219
-572
-628
-1,073
-442
-2,078
-1,779
195
426
1,893
233
312
-631
-499
-1,157
-2,110
2,783
2,110
1979-Oct..
Nov.
Dec,
20
20
86
-31
-3
1980- Jan..
Feb..
Mar.
Apr.
May.
June.
21
150
,362
200
54^^/
7^i ^/
10
.
.
.
July.
Aug..
Sept.
Oct.
.
of
U.S.
reserve
position
In IMF
at end of
period
4/
quota
741
40
1978.
Percent
Amount JJ
dollars
-85A
-24
1979.
Total
change
U.S.
V
dollars
1970.
1971.
1972.
1973.
1»74.
1975.
1976.
1977.
IMF holding
of dollars at
end of period
25
-21
-67
-6
-11
20
20
19
20
-69
-9
30t
74r
-36
-61
-16
-10
-111
-45
22
-67
67
-42
-103
-70
-89
-320
-99
89
U3
(8)
(9)
(10)
(11)
Treasury Bulletin
76
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-6.
-
Weighted-Average of Exchange Rate Changes for the Dollar
(Percent change relative to exchange rates as of end-May 1970)
End of calendar
year or month
77
November 1980
.CAPITAL
Background
Data relating to capital moirements between the United
States and foreign countries have been collected since 1935
under Treasury regulations pursuant to Executive Orders Nos.
6560 of January 15, 1934 and 10033 of February 8, 1949, and
Reports
of 1976.
the International Investment Survey Act
are filed with Federal Reserve Banks by banks, bank holding
companies, securities brokers and dealers, and nonbanking
Statistics on the princienterprises in the United States.
pal types of data and the principal countries are then consolidated and are published in the monthly Treasury Bulletin
.
U
used in the TreaThe reporting forms afnd ifrstrractions
sury International Capital (TIC) Reporting System have been
conditions
and to
revised a number of times to meet changing
Recent
increase the usefulness of the published statistics.
revisions to the reporting forms are part of a broad program
conducted over the past several years to ensure the adequacy
of the Treasury capital movements statistics for analysis and
policy formulation with respect to the international financial
position of the United States and on movements of capital beRevised forms
tween the United States and foreign countries.
and instructions are developed with the cooperation of other
Government agencies and the Federal Reserve System and in consultations with representatives of banks, securities firms and
nonbanking enterprises.
The most recent revisions of the TIC B-series Forms, filed
by banks and some brokers in the United States, became effective with reports as of April 30, 1978; new data series were
Substantial
introduced in the July 1978 Treasury Bulletin.
revisions of the C-series Forms, filed by nonbanking enterprises, were effective with reports as of December 31, 1978;
the new data series are shown beginning with the June 1979
Major revisions of the TIC Forms that affect the
issue.
format and coverage of the current Capital Movements tables
are noted und^r "Description of Statistics" below.
Basic Definitions
The term "foreigner" as used in the Treasury reports
institutions and individuals domiciled outside
covers all
the United States, including United States citizens domiciled
abroad, and the foreign branches, subsidiaries and of f ices of
centril
United States banks and business concerns; the
governments, central banks and other off icial institutions of
foreign countries, wherever located; and international and
regional organizations, wherever located. The terra "foreigner" also includes persons in the United States to the extent that they are known by reporting institutions to be acting on behalf of foreigners.
the forei^-gn
data are reported opposite
In general,
is
country or geographical area in which the foreigner
domiciled, as shown on the records of reporting inst L tutions.
For a number of reasons, the geographical breakdown of the
reported data may not in all cases reflect the ultimate
not
ownership of the assets. Reporting institutions are
expected to go beyond the addresses shown on their records,
and so may not be aware of the country of domicile of the
Furthermore, U.S. liabilities arising
ultimate beneficiary.
foreign banks are reported
fro.Ti deposits
of dollars with
generally in the Treasury statistics as liabilities to foreign
banks, whereas the liability of the foreign bank receiving the
deposit may be to foreign official institutions or residents
of another country.
Data pertaining to branches or agencies of foreign
official institutions are reported opposite the country to
which the official institution belongs. Data pertaining to
international and regional organisations are reported opposite
international or regional classification
the appropriate
except for the Bank for International Settlements and the
European Fund, which are included in the classification "Other
Europe.
Geographical Classification
A number of changes in geographical classification were
introduced for most Capital Movements tables in the July 1978
issue.
Several countries formerly included in "Eastern
MOVEMENTS,
Europe" and in "Other Latin American Republics" are
shown
separately in the country list as well as a new category in
the International and Regional grouping for "Middle Eastern
Regional" in view of the proliferation of regional financial
organizations, primarily in the Arab States. The remaining
countries in the categories "Other Eastern Europe" and "Other
Western Europe" were combined into a single "Other Europe"
category; and the heading, "Latin America"
was
retitled
"Latin America and Caribbean." To the extent possible, the
statistics for earlier dates have been adjusted in accordance with the revised country stub.
Reporting Coverage
Reports are required from banks bank holding companies
securities brokers and dealers and nonbanking
enterprises
in the United States, including the branches agencies, subsidiaries, and other affiliates in the United States of foreign firms.
Institutions that have reportable liabilitities, claims, or securities transactions below specif led exemption levels are exempt from reporting.
,
,
,
Banks file reports monthly covering their dollar
liabilities to, and dollar claims on, foreigners in a number af
countries. Twice a year as of June 30 and December 31, they
also report the same liabilities and claims items with respect
to foreigners in countries not shown separately on the monthly
reports.
Beginning with reports due as of June 30, 1978,
banks also report quarterly their liabilities and
claims
vis a vis foreigners that are denominated in foreign
currencies.
The specified exemption level applicable to
the
monthly reports is $2 million and is based on the average
for the report dates during a six-month period,
including
There are no separate exemption
the current report date.
levels for the quarterly and semiannual report";.
Banks, securities brokers and dealers, and in some instances, nonbanking enterprises, report monthly their transactions in securities with foreigners; the applicable exemption
level is $500,000 on the grand total of purchases and on the
grand total of sales during the month covered by the report.
Quarterly reports are filed by exporters, importers,
industrial and commercial concerns, financial institutions
other than banks and brokers, and other nonbanking enterprises
liabilities or claims, on the six-month average
if their
Beginning December 31, 1978,
basis, are $2 million or more.
these firms also report for each month-end theirU.S, dollardenominated deposit and certificate of deposit claims on banks
abroad of $10 million or more.
Description of Statistics
Section I presents data in four tables on liabilities to
Beginning
foreigners reported by banks in the United States.
April 1978, amounts due to banks own foreign of f ices are shown
separately; the previous distinction between short-term and
long-term liabilities has been eliminated; there is a separation of the liabilities of the reporting banks themselves
from their custody liabilities to foreigners; and foreign
Also,
currency liabilities are only reported quarterly.
beginning April 1978, the data on liabilities are more complete by extending to securities brokers and dealers the
requirement to report certain of their own liabilities and
all of their custody liabilities to foreigners.
'
Table CM-I-1, showing total liabilities by type of foreign
holder, combines liabilities previously shown separately as
either short-term or long-term. Table CM-I-2, Parts A and B,
on foreigners' holdings of liabilities by type, shows total
Table CM-I-3
bank reported liabilities payable in dollars.
presents total liabilities by country for recent periods and
includes the long- term data previously shown separately ;whereliabilities by type and country
covering total
as CM-I-4,
includes several data items not
for the most recent month,
The liabilities
reported separately prior to April 1978.
data on supplementary countries previously presented in Table
CM-I-5 now appear in Table CM-III-1. (SeeSection III below. )
Treasury Bulletin
78
.CAPITAL
MOVEMENTS.
Section II presents the claims on foreigners reported by
banks in the United States.
Beginning with data reported as
of the end of April 1978, banks' claims held for their own acacount are reported separately from claims held for their domestic customers.
The former are available in a monthly series
whereas the latter data are collected on a quarterly basis
only.
Also, there is no longer a breakdown available on the
long-term and short-term components of banks' claims. Maturity data are collected quarterly on a time remaining to maturity basis as opposed to the historic original taaturity classification. Foreign currency claims are also collected only
on a quarterly basis.
Table CM-II-1 presents total claims by type as reported
on the old B-series Forms and has been revised to include the
long-term claims components formerly published separately.
Table CM-II-2, showing total claims by type, is based on the
revised banking reports.
Table CM-II-3, which represents
total claims by country, merges the previously reported shortterm and long-term claims data from old CM-II-2 and CM-II-5.
New Tables CM-II-4 through CM-II-7 are based on the revised
reports and replace the previous tables which showed shortterm and long-term claims separately.
Another important change in the claims reporting, beginning with new quarterly data as of June 30, 1978, is the
adoption of abroadened concept of "foreign public borrower,"
which replaces the previous category of "foreign official
institution" to produce more meaningful information on lending
The term "forto the public sector of foreign countries.
and
eign public borrower" encompasses central governments
departments of central governments of foreign countries and
stabilization
of their possessions; foreign central banks,
other
funds, and exchange authorities:
corporations and
agencies of central governments, including development banks,
madevelopment institutions and other agencies which are
jority-owned by the central government or its departments;
State, provincial and local governments of foreign countries
and their departments and agencies; and any intetnational or
regional organization or subordinate or affiliated
agency
thereof, created by treaty 9X convention between
sovereign
states
Section III includes two supplementary tables on U.S.
banks' liabilities
to, and claims
on, foreigners.
Table
CM-III-1 summarizes dollar liabilities to,
own
and banks'
dollar claims on, countries and areas not regularly reported
separately.
Beginning with reports due as of June 30, 1978,
these data are collected semiannually.
Previously, the
semiannual reports were addressed to liabilities items only
and were reported as of April and December; however, they
are now collected as of the end of June and December.
Table
CM-III-2 presents data on U.S. banks'
loans and credits to
nonbank foreigners, based on the TIC reports and on
the
monthly Federal Reserve 2502 reports submitted for foreign
branches of U.S. banks.
Sections IV and V, respectively, show ttie liabiJ-iti.es to»
and claims on, unaffiliated foreigners by exporters importers,
industrial and commercial concerns,
financial institutions
other than banks and brokers, and other nonbanking enterprises
in the United States.
The data exclude
the
intercompany
accounts of nonbanking enterprises in the United States with
their own branches and subsidiaries abroad or wi th their for(Such transactions are reported by
eign parent companies.
business enterprises to the Department of Commerce on
its
direct investment forms.) The data also exclude claims held
through banks in the United States.
Beginning with data
published in June 1979 (reported as of December 31, 1978),
,
1^/
there is separation of the financial liabilities and claims
enterprises from their commercial liabilities
and claims; and items are collected on a time remaining basis
In addition,
instead of the prior original maturity basis.
the number of reporters increased somewhat as a result of a
late
broad canvass of prospec tive reporters undertaken in
1978.
of reporting
Section IV, Table CM-IV-1 combines liabilities
In
previously shown as either short-term or long-term in old
these
shortTable CM-IV-1; Table CM-IV-2 combines
term and long-term liabilities by country and replaces preTable CM-IV-3, covering
vious Tables CM-IV-2 and CM-IV-A,
by type and country for the most recent
total liabilities
quarter-end, includes several items not reported separately
prior to December 1978,
The tables in Section V have been extensively revised
the changes in data collection format outlined
above and the elimination of a monthly form that covered
nonbanking enterprises' liquid claims on foreigners.
SpeTable CM-V-1 combines short-term and long-term
cifically,
claims; Table CM-V-2 shows total claims by country and reCurrent Table CMplaces former Tables CM-V-2 and CM-V-7.
by type
total claims
and country and includes
V-3 shows
reported separately prior to end-year
items that were not
CM-V-5 and CM-V-6 no longer appear.
1978. Tables CM-V-4,
to reflect
Section VI contains data on transactions in all types
foreign securities by foreigners
of long-term domestic and
as reported by banks and brokers in the United States (except
nonmarketable U.S. Treasury notes, foreign series; and nonforeign currency
marketable U.S. Treasury bonds and notes.
series,
which are shown in the "International Financial
The data cover new issues
Statistics" section, Table IFS-4)
of securities, transactions in outs tanding issues, and redemptions of securities. They include transactions executed
in
the United States for the account of foreigners, and transactions executed abroad for the account of reporting institutions and their domestic customers.
The data include some
transactions which are classified as direct investments in
the balance of
payments accounts.
The data exclude securissued abroad by foreign subsidiaries of U;S. corities
porations, some of which are treated in the balance of payments as issues of U.S. corporations.
.
The geographical breakdown of the data on securities
transactions shows the country of domicile of the foreign
buyers and sellers of the securities; in the case of outstanding issues, this may differ from the country of the
original issuer.
The gross figures contain some offsetting
transactions between foreigners.
The net figures for total
transactions represent transactions by foreigners with United
States residents; but the net figures for transactions of
individual countries and areas may include some transactions
between foreigners of different countries.
Beginning with
data for 1969, transactions between foreigners in new issues
not of fered for sale to United States residents but managed by
underwriters in the United States are excluded from the gross
figures.
The data published in these sections do not cover all
types of reported capital movements between the United States
and foreign countries.
exclusions are the
The principal
intercompany capital transactions of business enterprises in
the United States with their own branches and subsidiaries
abroad or with their foreign parent companies, and capital
transactions of the United States Government.
Consolidated
data on all types of intematiohal capital transactions are
published by the Department of Commerce in its regular reports
on the United States balance of payments.
Copies of the reporting forms and Instructions may be obtained from the Office of International Financial
Reports, Office of the Assistant Secretary for International Affairs, Department of the Treasury,
Washington, D.C,
20220, or from Federal Reserve Banks.
November 1980
79
CAPITAL
Section
I
-
Liabilities
to
MOVEMENTS
Foreigners Reported by Banks in the United States
T»ble CM-I-1.
-
Total
by Type of Holder
Liabilities
(In millions of dollars)
Foreign countries
End of
calendar year
or month
Total
liabilities
(1)
Official institutions
(2)
Payable
in dollars
Payable
in foreign
currencies
(3)
(4)
1970 3/
19,880
19,880
148
148
1971 3/
56,306
56,331
39,823
39,162 5/
39,665
38,988 5/
158
165 6/
1972
61,689
40,093
39,922
171
1973
70,535
44,233
44,105
127
95,128
96,056
53,196
53.203
53,059
53,076
1975
96,147
50,451
1975
111,430
1977
127,065
1
1978
169,144
189.208
1979,
1979- Sept...
Oct
Nov
Dec ....
1980-Jan
Feb
Mar
Apr.
May
June
.
.
.
.
July...
Aug. p.
Sept. p
Payable
in dollars
(5)
20,028
2o;028
'
(6)
Payable
in foreign
currencies
(7)
21,385
21,427
21,154
21,207
221
220
14,267
14,956 5/
14,019
14,708 5/
248
248
19,629
19,283
346
7/
23,587
23,117
468
127 7/
127 7/
38,959
38,860
38,320
38,221
639
50,461
39,982
39,430
552
54,955
54,955
50,754
49,987
777
65,822
65,822
57,985
57,071
914
90,706
78,077
90,449
78,077
75.817
108.775
73,484
105.910
t'39
2,333
1,855
187,678
182.737
186,428
189,208
76,545
74,587
70,804
78.077
75,545
74,587
70,804
78,077
108,210
105,747
112,880
108,775
105,831
103,368
110,501
106,910
2,379
2,379 8/
2,379 8/
1,865
185,714
195,867
188,214
183,249
185,521
189,592
73,503
72,725
70,023
68,450
111,879
121,425
115,418
112,356
112, a76
74,848
73,503
72.725
70,023
68,450
71,218
74,848
Ul,218
110,014
119,560
114,194
110,134
109,854
108,650
1,865 8/
1,865-8/
2,222
2,222 8/
2,222 8/
2,558
190,934
203,891
194,072
77,183
79,261
79,846
77,183
79,261
79,846
110,826
121,787
111,653
108,268
119,229
109,095
2,558 8/
2,558 8/
2,558 8/
7^,2-18
2/
Banks and other foreigners
J_/
43,422
43,464
1974 3/
International and regional
Payable
in dollars
(8)
2,
2,
(9)
Payable
in foreign
currencies
(10)
80
Treasury Bulletin
CAPITAL MOVEMENTS.
Section
-
I
Liabilities
Table CM-I-2.
to
-
Foreigners Reported bj Banks Ln the United States
Total Liabilities by Type,
Part A
-
Payable
in
Dollars
Foreign Countries
illions of dolla
Other foreigners
Official institutions
Tot«L
foreign
countries
End of
calendar
Deposits
Demand
Time
(2)
41,086
1,652
1,652
53,684
53,706
1,620
1.327
,044
1970 Ul
,
I
1971 4/ 5/..,
1972 4/
,
U.S.
Treas.
bills i
certificates
2_/
Time 2/
Treas.
bLlls &
certificates
(6)
(7)
(8)
12,376
12,385
1,326
1,354
Demand
(3)
2,554
2,554
5
2,504
2,039
5<
Deposits
U.S.
Other
liabil-
13,367
13,367
2,307
2,307
32,311
32,311
3,230
3,321
59,205
59,204
1,591
1,591
2,880
2,880
31,453
31,453
3,998
3,998
'^91,389
91,297
2.951
2,951
4,257
4,167
34,656
34,656
11,205
11,302
89,891
2,644
3,423
i4,199
104,94 3
3,394
2,321
37,725
7,047
3,399 5/
4,658
4,658
1973
(U)
40 5
40 5
Other
liabilities 2/
(13)
1,886
1,895
376
377
1,660
1,660
1,663
1,666
328
327
9,510
9,510
1,955
1,955
2,116
2,116
569
568
,729
,729
,796
,744
2,367
7,232
5
U.S.
Treas.
bills &
certificates
Demand
(9)
3,367
3,362
850
320
Other
liabil
foreign
ities If offices 3/
6,941
1974 4/
1975
1976
,
1977
,
8,248
8,231
1,911
1,910
232
232
19,546
19,355
10,195
7,534
1,873
335
19,588
11,516
9,104
2,297
119
25,652
17,350
11,249
22,666
13,257
3,528
1,797
163,934
3,390
2,550
1979
184,987
4,704
1979-Sept...
Oct
Nov ....
182.376
177,954
181,305
184,987
3,143
2,374
5,652
4,704
2,239
1,883
1,972
3,041
50,842
49,411
43,921
47,666
20,321
20,919
19,259
22,666
12,466
10,620
12,879
13,257
1,478
1,606
1,724
183,617
192,285
184,218
178,584
181.072
183,508
3,725
3,680
3,928
4,734
4.484
5,063
2,309
2,367
2,397
2,392
2,581
2,670
48,864
48,234
42,797
40,527
42,731
45,907
18,705
18,444
20,901
20,797
21,421
21,228
11,820
13.345
13,371
12,681
13,003
14,986
185,451
198,490
4,218
3,848
2,695
2,959
47,982
49.811
22,288
22,593
12,974
13,427
iU
3.502
1978
Dec.
..
1980- Jan
Feb
Mar
Apr ....
May
June
.
..
July ...
Aug. p.
Sept. p,
U
2/
2/
4/
4
,
3
3,041
.
47,666
Includes Bank for International Settlements and European Fund.
Time deposits exclude negotiable time certificates of deposit, which
are included in "Other liabilities."
Data not available separately prior to April, 1978.
Data on the two lines shown for this date differ because of changes
in reporting coverage.
Figures on the first line are comparable in
coverage to those shown for the preceding date: figures on the second
line are comparable to those shown for the following date.
277
277
1,581
1,743
325
1,704
6,524
198
2,078
7,546
240
2,645
3,139
s.ogo
1,724
6
4,302
8,755
3,890
406
400
451
422
8,615
8,711
9,207
9,090
65,349
64,532
68,104
63,890
4,441
4,779
4,595
5.087
8,894
8,760
8.991
8,755
1,278
1,304
1,574
1,498
1,^23
1,479
533
566
675
764
594
10,201
10.278
10.591
11,443
11,717
11,310
67,556
74,957
68,951
65,620
65,200
61,292
5,082
5,343
5,219
4,663
4,880
5,840
8.828
8.992
8,827
8,645
8,576
8,53 7
777
847
511
586
1,544
557
577
361
12,382
11,646
10,995
62.871
73,735
64,608
4,732
5,014
8,566
8,535
484
473
l,fa41
1,514
1,425
771
269
315
375
382
3,750
3.773
4.294
4,302
361
4,354
4,329
4,208
3,966
3,781
4,037
446
^53
Data on the second line differ from those on the first line because
those liabilities of U.S. banks to their foreign branches and those
liabilities of U.S. agencies and branches of foreign banks to their
head offices and foreign branches which were previously reported as
deposits are included in "Other liabilities"; certain accounts
previously classified as"offIcial Institutions" are included with
"banks"; and a number of reporting banks are included in the series
for the fiirst time.
Preliminary.
4,158
4.258
4,217
November 1980
81
.CAPITAL MOVEMENTS.
Section
I
-
Liabilities
Table CM-I-2.
Part B
-
-
to
ForeignerB Reported by Banks
io
th& Ujiii«d Htati>a
Total Liabilities by Type, Payable in Dollars— Continued
Nonmonetary International and Regional Organizations
(In millions of dollars)
Treasury Bulletin
82
-CAPITAL
Section
I
MOVEMENTS-
Liabilities to Foreigners Reported
by Banks in the United States
Table CH-I-3. - Total Liabilities by Country
83
November 1980
-CAPITAL MOVEMENTSSectioD
-
I
Foreigners Reported by Banks in the United States
Total Liabilities by Type and Country, as of September 30, 1980
Liabilities to
Table CM-I-4.
-
Preliminary
(Position in millions of dollars)
Liabilities payable in dolla
Total liabilities
To foreign official
institutions and
unaffiliated foreign banks
Payable
in
dollars
foreign
Banks
currenown liacies 1/
bilities
Shortterm U.S
Custody
liabilities
Demand
Time 2/
(6)
(7)
Liabilities to
Other
liabilities
Treasury
obliga-
banks'
own
foreign
offices
Shortterm U.S.
Treasury
obligations
tions
Europe
Austria
Belgium-Luxembourg
Bulgaria
•<
Czechoslovakia
Denmark
Finland
France
German Democratic Republic
Germany
Greece
Hungary
Italy
Netherlands
Norway
Poland
Portugal
Romania
Spain,
Sweden
:
432
3,696
435
,999
3
252
181
303
1,506
2,190
544
312
!,433
77
1,073
,671
800
528
311
209
110
319
201
104
12,332
4,151
8,181
1,575
76
74
2
7,854
2,457
368
5,397
223
591
591
33
>,644
1,592
1,082
33
5,607
2,540
1,074
185
662
147
32
1
27
2,278
3,329
1,388
805
660
256
1,152
269
168
549
Turkey
United Kingdom
U.S.S.R
Yugoslavia, ,
Other Europe.
237
237
3,159
44
170
7,121
22,957
39
38
169
7.120
165
29
107
4,626
175
1,934
14,071
753
1,179
11,701
433
2,925
1,875
14,013
677
1,170
11,204
431
2,916
1,840
13,920
422
947
10,983
424
850
2,066
5
5
5
1
381
373
lOl
381
373
lOl
361
359
98
20
14
4,124
4,121
3,469
652
357
3,922
355
309
571
20
(15)
357
3,922
355
411
410
1,366
1
12
,297
100
891
469
,863
956
1,186
667
507
112
4
301
610
358
360
14
12
14
1,356
1,826
13,619
129
137
122
165
133
977
526
3,562
236
19,915
Total Latin Americ
Caribbean
274
21
Swi tzer land
Latin America and Caribbean :
Argentina
Bahama s
Bermuda
Brazil
British West Indies
Chile
Colombia
Cuba
Ecuador
Guatemala. ...............
Jamaica
Mexico
Netherlands Antille'
Panama
Peru
Trinidad and Tobago
Uruguay
Venezuela
Other Latin America and
Caribbean
2
57
213
573
20
1,385
1,838
3,789
',
Negotiable
CD's held
for all
foreigners
Other
liabilities
(13)
(8)
115
432
Memorandum
Liabilities to
all other foreigners
379
1,299
10,057
326
339
1,103
137
1,036
.,761
1,743
88
577
122
293
492
346
35
3
57
2,610
52
255
223
221
7
121
366
414
5,241
119
.005
199
199
187
4,405
4,090
1.672
1.669
1,589
114
125
58
132
118
1,155
49
218
19
20
453
3,
3,725
338
409
4,406
550
13.237
134
120
143
2,200
621
62
282
107
153
3
and
Asia
China:
Mainland..
Taiwan
Hong Kong...,
India
Indonesia. . .
Israel
Japan
Korea
Lebanon
Malaysia. ...
Pakistan....
Philippines.
Singapore. .
Syr is ......
Thailand....
Other Asia..
:
Total Asia,,
39
38
34
1,596
2,146
624
827
559
15,608
1,994
155
1,595
2.113
619
827
533
15,476
1,994
155
168
705
1,790
323
678
465
5,256
1,142
317
152
88
297
815
876
815
858
753
842
15
15
14
520
15,840
517
15,837
335
6,029
42,101
41,87
171
317
890
323
296
149
68
10,221
851
10
10
161
2 74
737
205
245
95
123
143
,138
370
9,455
607
490
291
45
931
146
144
143
3,771
160
135
219
108
325
32
30
236
155
667
182
102
9,608
2,074
166
6,705 3/ 4,608
I
117
704
562
ifrica :
Egypt
Ghana
Liberia
Morocco
South Africa,
Zaire.
Other Africa.
25
129
119
8
1,621
Total Africa.
Australia.
All other.
138
153
630
2B5
Total other countries....
Total foreign countries....
International and regional :
International
European regional..
Latin American regional..
Asian regional..
African regional
Middle Eastern regional..
859
.264
801
223
801
173
Total International
and regional
5,027
Grand total
1/
2/
As of end of June
1980.
Excludes negotiable time certificates of deposit, which
are included in "Other" liabilities.
49,658
36,003
64,608
4,991
8,830
693
4,217
the^account
U.S. Treasury bills and certificates held in custody for
of oil-exporting countries, in "Other Asia" and "Other Africa"
amounted to $8,201 million.
Less than $500,07)0.
Treasury Bulletin
84
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks in the United States
Table CM-II-1.
Total Claims by Type
-
(OLD series;
(In millions of dollai-s)
Payable in dollars
End of
calendar
year
or month
Deposits
of
A>_'>'opt-
Total
claims
tions
out-
Official
Other
insti-
foreigners
tutions
(1)
ances
made for
account
of foreigners
standing
for
account of
reporting
banks and
domestic
customersf?)
repor"Uing
banks and
domestic
customers
with foreigners
Other
claims
(9)
(8)
(10)
(11)
Other
claims
(12)
(5)
(6)
1,034
3,614
1,733
2,854
903
466
336
129
7c4
764
2,155
2,152
3,169
3,169
1,954
2,015
3,169
3,202
1,084
1,096
534
534
352
352
181
181
1,956
3,170
2,389
3,985
635
352
283
7,848
7,314
798
2,928 2/
2,395 2/
4,122
4,113
2,475
2,475
4,243
4,254
1,407 gj
1,979 2/
864
917
549
548
315
369
19,539
19,853
10,213
10,259
996
1,007
3,405
3,400
5,811
5,852
3,269
3,276
3,204
3,226
2,853
3,092
886
886
441
441
445
445
26,719
46,235
59,767
81,135
25,985
44,958
58,307
79,302
13,106
17,777
21,516
28,308
1,444
1,709
1,989
2,885
5,129
8,263
9,202
13,406
6,532
7,805
10,324
12,018
4,307
5,637
5,467
5,756
4,160
11,237
11,147
12,358
4,413
10,307
20,178
32,878
734
1,276
1,458
1,833
428
669
656
1,103
306
607
802
730
92,562
90,205
30,631
2,961
15,367
12,302
6,176
14,212
39,187
2,355
941
,415
80,476
82,033
78,510
80,065
27,065
26,590
2,663
2,662
13,002
12,532
11,401
11,396
6,317
6,417
13,087
June,
13,269:
32,041
33,848
1,966
1,968
864
834
101
133
July..
Aug.
Sept.
Oct...
Nov, .
Dec...
81,874
81,085
83,812
86,507
87,357
92,562
80,039
78,170
81,869
84,300
85,270
90,205
27,921
27,284
28,997
28,969
28,183
30,631
2,536
2,759
2,792
2,896
2,889
2,961
13,829
12,967
14,310
13,961
13,665
15,367
11,556
11,558
11,894
12,112
11,629
12,302
6,352
6,200
6,025
6,005
6,045
6,176
13,478
13,610
13,698
13,768
13,462
14,212
32,288
31,877
33,149
35,557
37,580
39,187
1,835
2,114
1,944
2,207
2,086
2,355
794
1,006
818
900
841
941
1,041
1,109
1,126
1,307
1,246
1,415
94,246
93,357
98,832
98,197
91,874
91,040
96,449
95,876
29,306
29,346
32,498
32,335
3,037
3,079
3,003
3,311
13,922
14,115
16,949
16,596
12,346
12,151
12,546
12,428
6,342
6,446
6,765
6,910
13,592
13,689
13,892
13,783
42,634
41,559
43,293
42,847
2,371
2,317
2,383
2,321
940
895
948
1,034
1,432
1,422
1,435
1.288
1968
J2i.
12,278
11,?13
A2,82S
12,930
12,295
12,197
1970
13,877
13,242
1971 1/ 2/.
16,837
16,930
15,973
16,022
20,425
20,739
1973
1974
1975
1976
1977
1969 i/.
.
.
\
1972 1/.
. .
.
1978-Jan.
Feb.
Mar.
Apr.
Note:
.
.
.
.
_12L
(3,087
6,084
(A)
806.
Total claims include claims previously classified as
either
"short-term" or "long-term" on the Treasury reports filed by
banks
A monthly maturity breakdovm was discontinued with new
reports
filed as of April 30, 1978, and the historical series
has been
adjusted accordingly, (See- Introductory text to Cairttal
Movements
Section for discussion of changes In reporting forms and
coverage.)
21
Data on the two lines shown for this date differ because of changes
in reporting coverage.
Figures on the first line are comparable in
II
Payable in foreign currencies
Table CM-II-2.
-
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Data on the second line differ from those on the first line because
those claims of U.S. banks on their foreign branches and those claims
of the U.S. agencies and branches of foreign banks on their head
offices and foreign branches which were previously reported as loans
are included in "Other claims"; and a number of reporting Ijanks are
included in the series .for the first time.
Total Claims by Type
(UEW SlRIZS)
(In ir.illions of dollars)
Payable in foreign currencies
Payable in dollars
End of calendar year
or quarter-end month
Total claims
Banks'
own claims
(1)
(2)
Claims of
banks
domestic
customers
(3)
(5)
1978-June..
Sept..
Dec
103,116
108,448
130,792
99,687
105,048
126,763
90,561
95,973
115,544
9,126
9,075
11,219
1979-Mar...
June .
Sept..
124,852
121,694
132,529
149,632
156,700
129,396
146,316
153,671
108,524
115,393
127,503
133,723
13,170
14,003
18,813
19,948
156,992
178,462
153,125
174,670
130,753
149,496
22,372
25,174
Dec.
1980-Mar...
June p
Note:
P
See introductory text tb Capital Movements Section for discussion
of changes in reporting forms and coverage for new quarterly data
filed as of June 30, 1978.
Prellmlnaiy.
Banks
own claims
J6i.
Claims of
banks'
domestic
customers
SLL.
4,030
2,619
2,954
3,663
809
446
367
3,157
3,133
3,316
3,030
2,681
2,559
2,700
2,438
476
574
616
3,868
3,791
2,812
2,994
1,056
798
3,428
3,400
592
85
November 1980
CAPITAL MOVEMENTSSection
II
-
Claims on Foreigners Reported by Banks in the United States
Table CM-II-3. - Total Claims by Country
86
Treasury Bulletin
-CAPITAL MOVEMENTSSection
Table
CM-IW.
-
II
-
Claims on Foreigners Reported by Banks
in the
United States
Total Claims on Foreigners by Type and Country Reported by Banks in the
VS.
as of
Jun* 80, 1»80
November 1980
87
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks in the United States
Table CM-II-5.
Banks' Own Claims, by Type
-
Treasury Bulletin
88
-CAPITAL
Table CM-II-6.
MOVEMENTS-
Section II - Claims on Foreigners Reported by Banks in the United States
Banks' Own Claims by Type and Country, Payable in Dollars, as of September 30,
1980
November 1980
89
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-7.
-
in the
United States
Domestic Customers' Claims by Type
90
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section
III
-
Supplementary Liabilities and Claims Data Reported by Banks in the United States
Table CM-III-1. - Dollar Liabilities to, and Dollar Claims on.
Foreigners in Countries and Areas Not Regularly Reported Separately
91
November 1980
.CAPITAL
Section
III
-
MOVEMENTS.
Supplementary Liabilities and Claims Data Reported by Banks in the United States
Table CM-III-2
-
Dollar Claims on
Nonbank Foreigners
(Position at end of period in millions of dollars)
Dollar claims of U.S. offices
£nd of calendar
year or month
Total dollar
claims on nonbank foreigners
(1)
U.S. -based
banks
U.S. agencies &
branches of foreign banks
Dollar claims of
U.S. -based banks'
major foreign
branches \_/
(2)
(1)
(4)
1978-Apr.
May...
June.
90,101
93,700
96,035
16,044
16,413
17,001
8,312
8,279
8,830
65,745
69,008
70,204
July..
Aug..
Sept.
96,937
98,779
99,278
98,978
100.754
102,843
17,063
17,424
17,498
18,451
19,313
20,420
9,488
10,200
11,095
11,177
12,167
13,019
70,386
71,155
70,685
69,350
69,274
69,404
197<)-Jan...
101. 3R".
Feb...
Mar.
Apr.
May..
June.
102.661
103,660
103.776
104,091
105,696
19,594
19,799
19,521
19,326
19,975
20,427
13,406
13,876
14,924
15,159
15,278
16,068
68,885
68,986
69,215
69,291
68,838
69,201
July..
Aug.
Sept..
Oct...
Nov. .
Dec.
107,319
110,201
111.502
1U,>)11
113,072
116,791r
21,728
22,376
22,169
23,028
22,876
23,837
16,745
17,883
19,608
20,169
20,122
21,604
68,846
69,942
69,725
69,714
70,074
71,350r
1980-Jan...
Feb..
115,710
117,455r
116,811r
116,108r
119,284r
124,062r
23,100
23,841
23,817
22,489
23,599
25,091
21,818
21,994
22,018
22,690
23,127
24,116
70,792
71,620r
70,976r
70,929r
72,558r
74,855r
125,834
129,047
25,233
25,769
25,456
26,207
75,145
77,071
.
.
Oc t
Nov.
Dec.
.
.
.
.
.
.
.
.
.
Ma
r
.
.
.
.
Apr ,
May...
June
.
.
July
p
Aug. p
p
Federal Reser\
Preliminary,
r
Revised.
_!/
e
Board data.
92
Treasury Bulletin
CAPITAL MOVEMENTS
Section IV - Liabilities to Foreigners Reported by Nonbanking Business Enterprises in the United States
Table CM-IV-1. - Total Liabilities by Type
93
November 1980
MOVEMENTS-
-CAPITAL
Section IV
-
Liabilities to Foreigners
Reported by Nonbanking Business Enterprises in the United States
Table CM-IV-2.
-
Total Liabilities by Country
(Position at end of pe
Europe :
Austria
Belgium-Luxembourg
Bulgaria
Czechoslovakia
Denmark
Finland
Franc e
German Democratic Republi
Germany
Greece
Hungary
Italy
Netherlands
Norway
Poland
Portugal
Romania
Sp^in
Sweden
Switzerland
Turkey
United Kingdom
U.S.S.R
Yugoslavia.
Other Europe.
2?
299*
239
328
200
i*21
45
419
276
n.a.
539
86
n.a.
173
518
1,031
36
83
60
504
109
2.265
24
123
.
1,956
107
90
201
154
475
631
26
117
674
499
143
748
264
1.061
1,382
50
246
262
1,089
1.049
2!
36
236
101
538
226
200
104
693
101
56
2,363
111
28
26
18
5,7i.7
Latin America and Caribbean:
Argentina
Bahamas
Bermuda
Brazil
British West Indies
Chile
Colombia
Cuba
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles 2/,
Panama
Peru
Trinidad and Tobago
Uruguay
Venezuela
Other Latin America and
Caribbean
Total Latin Amer ca and
Caribbean.
Asia :
China.
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
Japan
Korea
Lebanon
Malaysia
Pakistan
Philippines
S ingapore
Syria
Thailand
Oil-exporting countries
Other Asia
135
451
153
85
247
125
454
n.a.
106
n.a.
93
14
104
507
120
183
309
115
444
200
220
103
416
141
221
535
464
129
250
713
458
109
176
736
18
57
17
n.a.
n.a.
120
n.a.
n.a,
145
164
50
45
19
29
207
381
53
n.a.
348
356
116
39
392
405
165
336-!
129
250
27
3
17
100
373
231
281
282
126
144
1,22"^
42
47
151
70
37
56
67
27
67
73
88
95
191
141
999
,158
1,143
114
1,195
201
74
60
189
119
1,206
1,204
63
77
75
157
42
589
154
65
26
103
65
179r
78
90
153
35
206
94
72
3
2
2
18
19
36
39
133
255
26
177
221
100
223
239
29i,
114
1,315
300
104
48
348
172
1,091
120
17
119
12
142
223
V
117
132
1,049
102
Total Asia.
Africa :
Egypt
Ghana
Liberia
Morocco
South Africa
Zaire
Oil-exporting countries 4/.
Other Africa
100
6
320
311
52
53
86
313
3
5
194
190
62
107
412
67
372
73
Total Africa.
Other countries :
Australia
All other
155
37
Total other countries.
Total foreign co
International
efitonal
International.
European regional
Latin American regional..
Asian regional
African regional
Middle Eastern regional..
:
Total inte
tio al
and regional
Grand total.
9mf
In two columns shown for thla date differ because of changes In
reporting coverage.
Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
(See
introductory text to Capital Movements Section for explanation of
changes in reporting.
2_/
3_/
4/
*
Through December 31, 1975, Suriname included with Netherlands Antilles.
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and
the United Arab Emirates (Truclal States).
Includes Algeria, Gabon, Libya, and Nigeria.
Less than $500,000.
Preliminary.
p
n.a.
Not available.
499
113
94
Treasury Bulletin
-CAPITAL MOVEMENTSSection IV
-
Liabilities to Foreigners
Table CM-IV-S.
-
Reported by Nonbanking Business Enterprises
Total Liabilities by Type and Country as of
June
30,
in the
1980
United States
Preliminary
95
November 1980
.CAPITAL MOVEMENTS
Section
V
-
Claims on Foreigners Reported by Nonbanking Business Enterprises
Table CM-V-1. - Total Claims by Type
(In millions of dollars)
in
the United States
treasury Bulletin
96
CAPITAL MOVEMENTSSection
V
-
Claims on Foreigners Reported by Nonbanking Business Enterprises
Table CM-V-2.
{PcsUion at end
-
Total Olaimi by Country
of period
in millions of dollars)
in the
United States
97
November 1980
-CAPITAL MOVEMENTSSection
V
-
Claims on Foreigners Reported by Nonbanking Business Enterprises
Table CM-V-3.
-
Total Claims by Type and Country as of
June
30,
in the
1980
United States
Preliminary
Treasury Bulletin
98
^CAPITAL MOVEMENTS-
SeotioB VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-1. - Foreign Purchases and Sales o^ Long-Term Domestic Securities by Type
(In millions of dollars; negative figures Indicate net sales, by foreigners or a net outflow of capital from the United States)
Corporate and other securities
Marketable Treasury bonds and notes
U.S. Gov't corporations and
Federally-sponsored agencies
Bonds 1/
Net foreign purchases
Calendar year
or month
Foreign countries
Official Other
instiforeigntutions ers
(1)
1970
1971
1972
1973
1974
1975
1976
1977
56
1,672
3,316
305
-472
1,995
8,096
22,843
(2)
(3)
-41
1,661
3,281
123
-119
-25
130
-22
57
5
-165
69
203
277
753
598
101
180
1978
1979
4,702
2,8i3
465
-642
1,612
5,117
20,377
3,729
1,776
19eO-Jan-Sept.p.
3,333
3,166
1979- Sept
Oct
Nov
681
632
91
56
1,110
-1,037
547
Dec
527
1980- Jan
Feb
Mar
Apr
1,359
371
May
June .,.,,,
July
Aug. p....
Sept. p...
1/
-207
-906
-717
1,757
692
-767
1,752
Gross
Interforeign
nationa
purchases
and
regional
483
-264
-103
.728
-10
89
107
52
-67
253
41
80
-37
386
1,716
104
762"
-745
998
92
33
147
183
(4)
(.5)
Gross
foreign
Net
sales
foreign
purchase:
(6)
Gross
(12)
foreigr
sales
(15)
2,423
1,627
2,192
3,305
26,957
23,652
215
204
176
598
145
214
259
196
51
22
187
173
2,074
2,408
1,883
2,376
2,023
2,386
1,696
2,202
311
337
212
722
435
966
210
150
219
250
368
326
689
1,121
344
266
-17
160
649
510
344
334
187
146
299
203
3,128
4,477
2,724
1,985
1,940
2,550
3,080
3,505
3,569
2,439
3,355
2,380
1,719
1,958
2,390
2,781
3,301
3,329
4,297
4,516
5,509
867
,582
642
,327
975
3,253
4,969
1,031
709
3,459
3,316
607
1,732
7,029
5,297
2,295
4,487
90
190
233
620
549
365
143
430
654
71
o38
598
1,025
932
846
868
337
101
444
619
886
888
825
564
403
186
-7
472
66
639
315
324
198
376
310
-729
37,292
33,959
600
486
-180
-73
2,611
5,270
3,269
4,656
1,930,
4,638
4,379
4,129
623
594
-185
-802
-1,195
-63
3,789
3,498
3,736
2,430
2,435
7,483
4,168
3,078
6,675
2,429
3,127
3,944
3,337
3,152
5,726
3,477
3,845
4,923
-105
15
500
154
406
46
-43
43
482
174
-29
1,046
577
301
p
a.
350
330
-10
-83
402
428
626
731
2,188
2,790
540
4,678
2,753
2,675
241
Preliminary,
Not available.
Table CM-VI-2. Foreign Purchases and Sales of Long-Term Foreign Securities by Type
(In millions of
Gross
foreign
sales
8,301
10,894
12,173
9,978
7,096
10,678
15,475
11,479
17,723
21,017
543
263
842
(13)
Gross
foreign
purchases
(1^)
n.a.
n.a.
n.a.
1,585
n.a.
n.a.
n.a.
n.a.
2,712
1,263
541
742-
Net
foreign
purchases
8,927
11,626
14,361
12,767
7,636
15,355
18,227
14,154
20,145
22,643
(11)
2,499
2,967
4,723
5,828
8,621
5,408
5,529
3,442
1,043
2,433
3,854
6,903
17,514
16,974
27,651
38,244
Data include transactions in issues of states and municipalities.
Through December 1976, data also included transactions in issues
of U.S. Government corporations and Federally-sponsored agencies.
Gross
foreign
purchase
956
703
1,881
1,961
1,039
766
1,202
1,467
2,414
4,358
2,738
3,382
8,898
25,610
39,818
32,354
il,053
571
foreign
purchase
(10)
(8)
634
-104
-168
Net
(9)
(7)
691
2,702
1,713
Gross
Gross
foreign
foreign
purchases sales
99
November 1980
-CAPITAL
Section VI
-
MOVEMENTS-
Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-S. - Net Foreign Transactions in Marketable Treasury Bonds and Notes by Country
sales by foreig
negative tig
a
Calendar year
19S0
through
Sept. p
Europe
Austria
Belgium- Luxembourg
:
10
5
Bu 1 ga r 1 a
<
Czechoslovakia
Denmark
Finland
France
German Democratic Republic.
Germany
Greece
Hungary
Italy
Netherlands
Norway
Poland
Portugal
Romania
Sp^in
Sweden
Switzerland
Turkey
United Kingdom
U.S.S.R
Yugoslavia
Other Europe
n.a.
57
16
55
186
A80
-301
8,403
-3,515
1,237
Total Europe
Latin America and Caribbean :
Argentina
Bahamas
Bermuda
Brazil
British West Indies
Chile
Colombia
Cuba
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles
•
Panama
Peru
Trinidad and Tobago
Uruguay
Venezuela
Other Latin America and
Caribbean
Total Latin America and
Caribbean
42
t.,173
377
192
20
-33
J_/
Total Asia
Africa :
Egypt
Ghana
Liberia
Morocco
South Africa
Zaire
Oil-exporting countries !/•
Other Africa
Total Africa
Other countries :
Australia
All other
Total other countries.
Total foreign countries.
International and regional :
International
European regional
Latin American regional..
Asian regional
African regional
Middle Eastern regional..
Total international
and regional
Grand total.
3
-282
236
Canada
Asia :
China:
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
Japan
Korea
Lebanon
Malaysia
Pakistan
Philippines
Singapore
Syria
Thailand
Oil-exporting countries
Other Asia
33
-2,114
-1,765
net outflo
apital from
Treasury Bulletin
100
-CAPITAL MOVEMENTS-
Section VI - Tranaactions in Long-Term Securitiea by Foreignera
Reported by Banka and Brokers in the United States
Table CM-VI-4. - Estimated Foreign Holdings of Marketable Treasury Bonds and Notes by Country
(Position at end of period in millions of dollars)
.
:
i
101
November 1980
-CAPITAL
MOVEMENTS-
Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-5. - Net Foreign Transactions in Long-Term Domestic Bonds,
Other than Treasury Bonds and Notes, by Country
Section VI
-
millions of dollarsi negative figures
net sales by foreigners
nft outflow of capital
from the United States)
Calendar year
1^)80
Country
through
Sept. p
rope ;
Au stria
Belgium-Luxemboutg
Bulgaria
Czechoslovakia
Denmark
Finland
France
German Democratic Republic
Germany
Greece
Hungary
Italy
Netherlands
Norway
Poland
Portugal
Romani a
Sp^in
Sweden
Switzerland
Turkey
United Kingdom
U.S.S.R
Yugoslavia.
Other Europe.
103
155
.
Total Europe.
Latin America and Caribbean
Argentina
Bahamas.
Bermuda
Brazil
British West Indies
Chile
Colombia
Cuba
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles--.
Panama
Peru
Trinidad and Tobago
Uruguay
Venezuela
Other Latin America and
Caribbean
:
-2
22
Total Latin America and
Caribbean
Asia
China:
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
Japan
Korea
Lebanon
Malaysia
Pakistan
Philippines
Singapore
Syria
Tha i land
Oil-exporting countries A/
Other Asia
:
Total Asia.
Africa :
Egypt
Ghana
Liberia
Morocco
South Africa
Oil-exporting countries 2/
Other Africa
Total Africa.
Other countries
Australia
All other
Total other countries.
Total foreign countries.
International and region al:
International.
European regional
Latin American regional..
Asian regional
African regional
Middle Eastern regional..
Total international
and regional
y
includes Banram, Iran, i.i«i4, Kuwait, Oman, yatar
the United Arab Emirates (Trucial States).
and
baudi Arabia
inciuaes Aigei
Preliminary.
Less than $500,000.
n.a.
Not available.
102
Treasury Bulletin
-CAPITAL
MOVEMENTS-
- Tr»n»action« in Loaf-Term Securities by Foreigner*
Reported by Bank* and Brokers in the United States
Table CH-VI-6. - Net Foreign Transactions in Domestic Stocks by Coantry
Section VI
(In m
November 1980
103
-CAPITAL MOVEMENTSSection VI
Table CM-VI-7.
-
Transactions in Long-Term Securities by Foreigners Reported
by Banks and Brokers in the United States
Net Foreign Transactions in Long-Term Foreign Bonds by Country
(In millions of doll rs; negative
f ifeu
ales h\
foreigners oi
a
net outflow of capital fr
th« United States)
Treasury Bulletin
104
-CAPITAL MOVEMENTSSection VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-8. - Net Foreign Transactions in Foreign Stocks by Country
illlons of dolla
figur.
sales by for
a
net outfluw of capital from the United States)
105
November 1980
-CAPITAL MOVEMENTSTransactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-9. - Foreign Purchases and Sales of Long-Term Securities
by Type and Country, During September 1980 Preliminary
Section VI
-
Treasury Bulletin
106
-CAPITAL MOVEMENTSSection VI - Tranaactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-10. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During Calendar Year 1979
,
107
November 1980
.FOREIGN CURRENCY POSITIONS.
Background
have
Data
collected
been
positions
currency
of banks
since
197U
the
on
nonbanking
and
foreign
firms
the
in
United States, and on those of foreign branches, majority-
foreign
ovmed
partnerships,
majority-ovmed
and
foreign
subsidiaries of United States banks and nonbanking firms.
"Majority-owned
foreign
partnerships"
are
those
organized under the laws of a foreign country in which
one
or
more
institutions
indirectly,
nonbanking
the
in
concerns
United
own more
or
States,
nonprofit
directly
or
than 50 percent profit interest.
Reports cover nine major foreign exchange market currencies
"Majority -owned
and United States dollars held abroad.
Reporting has been
corporations in which one or more nonbanking business
Law 93-110,
concerns or nonprofit institutions located in the United
pursuant
required
Title
to
Public
of
II
amendement to the Par Value Modification Act,
21,
an
of September
1973. and implementing Treasury regulations.
Statistics
foreign
subsidiaries"
are
foreign
States directly or indirectly own stock with more than
50
percent of the total combined voting power of all
on the positions will be published monthly in the Treasury
classes
Bulletin
percent of the total value of all classes of stock.
,
The
beginning with data for December 1975.
report
and
forms
instructions
used
the
in
stock
of
entitled
vote,
to
more
or
than
50
Reporting Threshold
collection of bank data were revised effective with reports
as of November
for the weekly
1978,
1,
foreign currency
for
The most recent revision of the nonbank
the monthly reports.
forms
became effective as of
(see below)
the last business day of September 1978.
Among the changes
the Belgian franc was deleted as a reporting
on the forms,
The exemption level applicable to banks and banking
and as of
reports,
October 31. 1978 (the last business day of the month),
currency.
institutions is $10 million equivalent.
applicable
level
to
The exemption
nonbanking business
concerns and
nonprofit institutions was $1 million equivalent on all
nonbank forms from March 1975 through November 1976.
was
raised
to
million
$2
equivalent
the
on
It
monthly
reports of positions held in the United States-
From
November 1976 through September 1978 the exemption level
was raised to $3 million on foreign subsidiary positions
Common Definitions and Concepts
on June 31,
for positions held in the United
1977 and
States on September 30, 1978.
The term "United States" means the States of the United
States, the District of Columbia, the Commonwealth of Puerto
Rico
American Samoa
,
Canal
the
,
Zone
Virgin Islands, and Wake Island.
other
locations
"worldwide"
than
the
Midway Island
the
,
The term "foreign" means
"United
to describe the
is used
,
The
States",
sura
term
of "United States"
and "foreign" data.
Data for the United States include amounts reported by
United States including the U.S. branches and subsidiaries
in the case of "nonbanking
of foreign nonbanking concerns,
and
positions",
branches,
agencies,
the
and
subsidiaries located in the United States of foreign banks
and
banking
institutions,
in
the
case
of the weekly and
monthly "bank positions"
for
Data
amounts
"foreign
reported
partnerships
and
do
entire
their
foreign
currency
United States dollar equivalent value is reached in any
category
of
assets,
exchange
liabilities,
contracts
bought and sold, or the net position in the currency.
In
by
the
in
United
the
branch
States and
subsidiary.
or
separately
majority-owned
branches,
each
foreign
their
foreign
to
reports
In
on
partnerships
foreign
and
majority-owned foreign subsidiaries, United States banks
and nonbanks are required to report the United States
dollar
-
denominated
exchange
liabilities,
assets,
contracts bought and sold,
and net positions of those
"abroad"
and
include
positions in the specified foreign currencies.
majority-owned
branches,
the
subsidiaries
majority-owned
reflect
not
report
branches, partnerships, and subsidiaries with reportable
branches"
positions of
of
United
In general,
States banking and nonbanking concerns.
data
must
general, exemption levels are applied to the entire firm
sole proprietorships, partnerships, and corporations in the
firms'
Firms
position in a specified foreign currency if a specified
these
foreign parents
Description of Statistics
or
foreign currency
foreign parents' subsidiaries located abroad except through
Data
collected
on
the
Treasury
foreign
forms are
published
in
the
Treasury Bulletin in nine
intercompany
The
accounts.
data
include
the
subsidiaries of a few foreign-owned U.S. based corporations.
Assets, liabilities, and foreign exchange contract
data
are
reported
on
the
basis
of time
remaining
to
The
sections.
first
presents
section
positions
all
of
summary
a
of
currencies
the
worldwide
net
reported.
Sections II through VIII each present data on
in
Section IX
presents the
maturity as of the date of the report, regardless of the
a Specified foreign, currency.
original maturity of the instrument involved.
United States dollar positions of the foreign branches
means due for receipt or delivery within
days
from the date of the report.
maturing in
1
2
"Spot"
business
"Short-term" means
year or less from the date of the report.
and
subsidiaries
required
to
foreign currencies.
United
of
report
in
one
States
or
more
firms
of
the
which
are
specified
108
Treasury Bulletin
FOREIGN CURRENCY POSITIONS
Section
I
-
Summary
Table FCP-I-1. -
Positions
Nonbanking
(In millions of foreign currency units)
Report
Date
109
November 1980
-FOREIGN CURRENCY POSITIONS.
Section
II
-
Canadian Dollar Positions
Table FCP-II-1. - Nonbanking Firms' Positions
(In millions of Canadian dollars)
Position
1/
no
Treasury Bulletin
.FOREIGN CURRENCY POSITIONSSection
Table FCP-II-3.
II
-
-
Canadian Dollar Positions
Consolidated Monthly Bank Positions wi
(In millions of Canadian dollars)
in
November 1980
.FOREIGN CURRENCY POSITIONS.
Section
III
-
French Franc Positions
Table FCP-III-1. - Nonbanking Firms' Positions
(In millions of French firancs)
Po
1/
112
Treasury Bulletin\
.FOREIGN CURRENCY POSITIONSSection
III
-
French Franc Positions
Table FCP-III-3. - Consolidated Monthly Bank Positions
(In
mlHions of French francs)
-'l'
November 1980
113
.FOREIGN CURRENCY POSITIONS.
German Mark Positions
Section IV
Table FCP-IV-1.
-
Nonbanking Firms
(Tn millions of marks)
Po
Positions
114
Treasury Bulletin
.FOREIGN CURRENCY POSITIONS.
Section IV -
German Mark
Positions
Table FCP-IV-3. - Consolidated Monthly Bank Positions
115
November 1980
FOREIGN CURRENCY POSITIONS
Section V
-
Italian
Table FCP-V-1.
-
Nonbanking Firms' Positionsi/
Lira
Positions
116
Treasury Bulletin
.FOREIGN CURRENCY POSITIONS.
Section VI
Table FCP-VI-1.
-
Japanese Yen Positions
-
Nonbanking Firms' Positions
fin millions of yen)
Position
117
November 1980
.FOREIGN CURRENCY POSITIONS.
Section VI - Japanese Yen Positions
Table FCP-VI-3.
-
Consolidated Monthly Bank Positions
11/
118
Treasury Bulletin
-FOREIGN CURRENCY POSITIONS.
Section VII
Table FCP-VII-1.
Swiss Franc Positions
Nonbanking Firms' Positions
(In millions ol Swiss trancs)
Position
119
November 1980
.FOREIGN CURRENCY POSITIONS.
Section VII
Table FCP-VII-3.
-
-
Swiss Franc Positions
Consolidated Monthly Bank Positionsis/
fin millions of Swiss francs)
120
Treasury Bulletin
.FOREIGN CURRENCY POSITIONS.
Section VIII
Table FCP-VIII-1.
-
-
Sterling Positions
Nonbanking Firms' Positions
1/
ui
Sovember 1980
.FOREIGN CURRENCY POSITIONS,
Section VIII
Table FCP-VIII-3.
-
-
Sterling Positions
Consolidated Monthly Bank Positionsis/
(In millions of Sterling pounds)
l^z
Treasury Bulletin
-FOREIGN CURRENCY POSITIONS.
Section IX
-
United States
Dollar Positions Abroad
Table FCP-IX-1. - Nonbanking Firms' Foreign Subsidiaries' Positions
(In millions of United States dollars)
Position
November 1980
123
.FOREIGN CURRENCY POSITIONS.
Section IX
-
Table FCP-IX-3.
United Statei Dollar Positions Abroad
-
Monthly Bank Foreign Office Positions
i?/
FOREIGN CURRENCY POSITION^.
Fpotnotes
1/
Worldwide net positions on the last business day of the
6/
All current assets other than liquid assets and short-
calendar quarter of nonbanking business concerns in the
term trade receivables, and financial assets maturing in
United States and their foreign branches and majority-
more
owned
intracompany accounts,
partnerships
Excludes
subsidiaries.
and
discounted
before maturity,
assets
(plant
equipment)
and
from
the
report
inventories,
equipment)
Includes
date.
prepayments,
long-
long-term intracompany claims,
and
parents'
majority-owned foreign subsidiaries
capitalized
and
and
(plant
investment in their majority-owned foreign subsidiaries,
fixed
year
bonds, and other securities.
and stocks,
parent companies'
U.S.
one
term trade receivables,
receivables and installment paper which have been sold
or
than
Fixed assets
investment
in
are excluded.
leases for plant and equipment.
7/
2/
Foreign
branches
majority-owned
and
partnerships
All financial liabilities other than short-term debt and
short-term trade payables; includes long-term trade pay-
and
ables;
subsidiaries only.
intracompany liabilities, accrued expenses, and
maturing
liabilities
3/
worldwide
Weekly
institutions
branches
the
in
positions
net
of
United States,
majority-owned
and
and
banking
report date.
their
foreign
excluded.
banks
and
foreign
8/
than
one
year
from
the
Outstanding ancunts of foreign exchange which have been
contracted
V
more
subsidiaries.
Excludes capital assets and liabilities.
V
in
Capitalized plant and equipment leases are
Monthly worldwide net positions including- capital assets
to
be
received or delivered in the future.
Excludes spot exchange.
Foreign branches and majority-owned subsidiaries only.
9/
Columns {1),(3),(5), and (7) less columns (2) (4) (6)
,
,
and (8).
and liabilities on the last business day of the month of
banks and banking institutions in the United States and
10 /
their foreign branches and majority-owned subsidiaries.
Representative
rates
on
the
report
date.
Canadian
dollar and United Kingdom pound rates are expressed in
6/
U.S. dollars per unit of foreign currency, all others in
Foreign branches and majority-owned subsidiaries only.
foreign units per U.S. dollar.
SECTIONS II THROUGH IX
11 /
Banks and banking institutions in the United States and
their foreign branches and majority-owned subsidiaries.
1^/
Positions of nonbanking business concerns in the United
In
States and
sidiaries only.
their
foreign
branches
partnerships and subsidiaries.
and
majority-owned
In section IX
positions
of foreign branches and majority-owned partnerships and
subsidiaries only.
2/
Includes unsettled spot foreign exch^ge purchase contracts,
well
as
as
deposits, negotiable
currency,
other
and
demand
readily
financial instruments maturing in
the report
other
date,
parties
accounts
and
Includes
unsettled
contracts,
on
and
demand.
unaccepted
spot
intracompany
foreign
liabilities,
from the report date,
long-term
debt
.
13 /
Includes both spot and forward exchange contracts.
ly/
Sum of columns (3) and
(8).
15/
Sum of columns (4) and
(9).
16 /
Sum of columns (5) and (10).
17 /
See footnote 10.
18/
See footnote 11.
19 /
Fixed-rate loans are reported by time remaining to final
transferable
Other
trade
loans,
drafts
exchange
other than
trade payables, short-term borrowings due in
less
Excludes capital assets and liabilities.
time
are
excluded.
3/
12 /
intracompany claims and loans to
repayable
receivable,
and
year or less from
1
Other
sales
maturity or the nearest call date, whichever is earlier,
short-term
and floating-rate loans by time remaining to the nearest
1
year or
interest-fixing date.
and the current portion of
loans
,
accrued
expenses
and
20/
accounts payable are excluded.
V
Due in
year or less; includes intracompany trade
1
receivables.
Receivables and installment paper sold or
Due
in
payables.
1
year or
less;
includes
Option forward exchange contracts are reported by time
remaining to the nearest option exercise date.
discounted before maturity are excluded.
5/
section IX, foreign branches and majority-owned sub-
intracompany trade
21/
Sum of columns (3) and (6).
Revised,
n.a. Not available.
r
November 1980
^^^_«.,^__^^
123
FINANCIAL OPERATIONS OF
Section
Table GA-II-I.
-
II
-
GOVERNMENT AGENCIES AND FUNDS
Federal Credit Programs
Direct Sales and Repurchases of Loans
Treasury Bulletin
126
.FINANCIAL OPERATIONS OF
Section
Table GA-III-1.
-
Civil
GOVERNMENT AGENCIES AND FUNDS
III
-
Trust Funds
Service Retirement and Disability Fund
(In millions of dollars')
Fiscal year
or month
1921-71,
52,808
6,735
7,604
8,955
11,360
13,099
1,480
16,476
17,598
20,385
1972..-..
1973
1974
1975
1976
T.Q
1977
1978
1979
1980
1981
Agencies'
contributions
(Est.).
24,153
25,8i3
1979-Oct....
Nov ...
Dec
2,730
1980-Jan..
Feb..
Mar..
Apr.
Hay..
June.
642
672
619
690
715
2,909
July.
Aug..
Sept.
598
738
12,622
Fiscal 1980
to date.
.
.
575
643
5,359
Employees
contributions
127
November 1980
.FINANCIAL OPERATIONS OF
Tftble
GA-III-2.
-
GOVERNMENT AGENCIES AND FUNDS
Section III - Truit Fundi
Federal Old-Age and Survivors Insurance Trust Fund
{In millions of dollars)
Receip
Fiscal year
or month
Total 2/
Appropriations
3/
1937-71
308,090
1972
1973
1974
1975
1976
T.O
1977
1978
1979
1980
1981
(Est.)
1979-Oct
Nov.
Dec.
. ,
..
1980-Jan
Feb
Mar
Apr
.
.
June.
.
.
May
July...
Aug. . .
Sept. .
Fiscal 1980
to date.
.
.
37,916
43,639
50,935
58,763
62,327
16,186
71,788
76,811
271,183
32,114
37,187
43,465
50,119
52,900
14,259
61,219
66,187
Expenditures other than investments
ts
Deposits by
States 4/
Benefit
payments
Net earnings
on investments
20,720
3,596
4,131
4,989
5,898
6,654
1,847
7,676
7,860
14,956
1,718
1,848
2,040
2,296
2,349
80
2,282
2,153
611
611
1,231
488
473
441
450
423
*
86,893
75,678
8,680
1,919
616
100,050
111,884
5,704
9,421
6,044
86,379
99,081
5,684
6,378
5,540
11,229
10,984
-39
2,948
-644
1,885
1,273
557
546
6,794
11,312
6,809
9,906
12,050
6,655
6,797
8,014
7,542
9,837
8,374
7,072
-20
3,218
-783
-19
3,594
-1,060
80
50
88
82
643
5,895
12,124
7,336
6,016
7,663
7,461
-140
4,361
-187
100
63
59
95
592
16
18
273,743 7/
Payments to Railroad Retirement
Accounts 6/
128
Treasury Bulletin
GOVERNMENT AGENCIES AND FUNDS
.FINANCIAL OPERATIONS OF
Section
Table GA-III-3.
-
III
-
Trust Funds
Federal Disability Insurance Trust Fund
(In millions of dollars)
Expenditures other than investments
Receipts
Fiscal year
or month
Total
Appropriations
1/
2/
28,787
1957-71.
5,291
5,946
6,768
7,920
y
25,085
Deposits
by States
11
2,245
Interest
and profits on
investment
Total
4/
22,378 if
1,332
1977
1978
8,355
2,172
9,374
12,784
4,36 3
4,991
5,602
6,580
6,958
1,873
8,094
11,092
490
500
633
776
839
286
805
1,313
1979
15,949
13,357
2,145
1980
1981
17,387
20,581
14,952
17,828
984
1,103
959
1,854
1,972
452
651
130
130
1,012
1,128
1,513
24
15
276
5
1,193
1,409
1,644
1,734
1,479
1,874
1,178
1,387
1,298
1,706
1,451
1,224
13
2
9
13
1,117
1,351
1,932
1,044
1,327
71
1"
1S)72
1973
1974
1975
1976
T.Q
(Est.).
1979-Oct
Nov
Dec
1980-Jan
Feb
Mar
Apr ...
May
June.
.
July...
Aug....
Fiscal [980
to date, .
.
17,387
388
50
435
479
512
467
100
13
*
374
249
101
130
303
21
10
161
334
11
16
18
12
10
445
204
622
54
52
91
Benefit
payments
129
.FINANCIAL OPERATIONS OF
Section
GOVERNMENT AGENCIES AND FUNDS
III
-
Trust Funds
Footnotes
Table GA-III-3.
Monthly Treasury Statement of Receipts and Outlays of the United
States Government.
Budget estimates are based on the 1981 Budget of
the U.S. Government, released January 28, 1980.
Includes payments for military service credits as follows:
$16 million for each FY 1967, FY 1968, $32 million FY 1969, $16 million for
each FY 1970, 1971, $50 million FY 1972, $51 million FY 1973, $52 million and $3 million for interest on reimbursement of administrative and
vocal rehabilitation expenses FY 1974, $52 million military service credits for FY 19.75. Includes payments for military service credits, $90 million for FY 1 976,$103 million for FY 1977, $128 million for FY 1978, FY
$142 million for 1979. FY 1980 estimates include $118 million and FY
1981 estimates include $130 million for military service credits.
Includes unappropriated receipts from January 1962 to June 1965.
To cover employees of States and their political subdivisions
under
the Social Security Act (42 U.S.C. 418).
^/ Includes payment for
Vocational Rehabilitation Service beginning FY 1967
FY 1966 and construction and equipment of buildings beginning FY
1967.
urce:
Transition Ouarter includes $27 million for vocational rehabilitation
services and $2 million for construction of buildings.
Fiscal Year
1977 includes $77 million for vocational rehabilitation.
Includes $84
million for vocational rehabilitation and $2 million for construction
of buildings for FY 1978.
5/ Payments are made between the Railroad Retirement Account and
Federal Old-Age and survivors and Federal disability so as to place
those funds in the position in which they would have been if railroad
employment after 1936 had been included in social security coverage
-
(45 U.S.C. 228 e (k)).
6/ For appropriate share of administrative expenses, including interest,
paid from the trust fund during the preceding fiscal year as deter-
mined by the Secretary of Health, Education, and Welfare (42 U.S.C,
401 (g) (D).
Beginning July 1966 monthly reimbursements are paid to
the Social Security Administration to cover salaries and expenses
instead of the semi-annual reimbursement to FOASI.
Includes $27 million paid from Railroad Retirement Accounts in FY I960.
8/ Excludes transactions for investments in non-Federal securities.
* Less than $500,000.
V
Table GA-III-2.
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government.
Budget estimates are based on the 1981 Budget of
the U.S. Government, released January 28, 1980.
Includes transactions under the predecessor Old-Age Reserve Account.
J_/
Total includes:
2/
$15 million transferred from general fund for
administrative and other costs of benefits payable to survivors of
certain World War II veterans (60 Stat, 979 and 64 Stat. 512):
$35
million (1937-59), paid from the Railroad Retirement Accounts; beginning November 1951, small amounts in the nature of recoveries from
expenditures incidental to the operations; beginning 1958,
interest
payments from Federal Disability Insurance Trust Fund and sale of
waste paper; $78 million for each FY 1967 and 1968, $156 million FY
1969, $78 million for each FY 1970 and FY 1971, $137 million FY 1972,
$138 million FY 1973 and $139 million FY 1974 for military service
credits; and $226 million for FY 1969, $364 million for FY 1970, $371
million FY 1971, $351 million for FY 1972, $337 million FY 1973 and
$303 million FY 1974 for benefits for the aged.
Fiscal Year 1975
includes $140 million for military service credits and $307 million
for special benefits for the aged.
Fiscal Year 1976 includes $157
million for military service credits and $268 million for special
benefits for the aged.
Fiscal Year 1977 includes $378 million for
military service credits and $236 million for special benefits for
the aged.
Fiscal Year 1978 includes $385 million for military
service credits and $228 million for special benefits for the aged.
FY 1979 includes $384 million for military service credits and
$230 million for special benefits for the aged.
FY 1980 and FY 1981
estimates include $393 million and $390 million for military service
credits and $164 and $150 million for special bendfits for the aged,
respectively.
3/ Includes unappropriated receipts from January 1962 to June 1965.
^/ To cover employees of States and their political subdivisions, under
the Social Security Act Amendments of 1950 (42 U.S.C. 418).
5/ Includes payments for vocational rehabilitation services to Federal
Disability Insurance Trust Fund and Socialand Rehabilitation Service.
6/ Payments are made between the Railroad Retirement Account and Federal
Old-Age and Survivors and Federal disability so as to place those funds
in the position in which they would have been if railroad employment
after 1936 had been included in social security coverage (45 U.S.C.
228e (k)).
Excludes transactions for investments in non-Federal securities.
Construction and equipment of office buildings for the bureau (Public
Law 170, approved July 31, 1953 (67 Stat. 254)).
9/ Under the Social Security Act, as amended (42 U.S.C. 401 (g) (1)),
for administration of Titles II and VII of that act and related
parts of the Internal Revenue Code (26 U.S.C. 480-482, 1400-1432)
See al so footnote 10,
10 / Salaries and expenses of the Bureau of Old-Age and Survivors Insurance are paid directly from the trust fund beginning 1947, under
provisions of annual appropriations acts until passage of the Social
Security Act Amendments of 1956 (42 U.S.C. 401 (g) (1)); previously
these expenses were included in reimbursements to the general fund.
Beginning July 1966 payments of salaries and expenses for Social
Security Administration are charged directly to each trust fund.
* Less than $500,000.
]_/
8^/
Treasury Bulletin
130
.FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS
Section
Table GA-III-4.
-
III
-
Trust Funds
Federal Hospital Insurance Trust Fund
(In millions of dollars)
Receipts
Fiscal year
or month
1/
Interest
and profits on
investments
Deposits
by States
Federal
payments
Net
Appropriations
Total
1966-71.
1972
1973
1974
1975
1976
T.Q
1977
1978
24,883
19,331
2,895
1,889
526
6,031
8,352
11,610
12,568
13,544
3,516
15,374
18,543
4,692
6,938
9,503
10,077
10,718
2,913
12,372
14,834
551
429
499
529
658
534
725
1,099
1,214
1,314
188
196
406
608
708
5
944
860
448
1,276
1,844
1979.
22,330
18,355
1980
1981
25,413
32,539
20,649
25,951
1979-Oct
Nov
Dec
1,420
1,574
2,341
1,379
1,544
1,344
1980-Jan
Feb
Mar
1,651
1,944
3,012
2,234
2,044
3,075r
1,622
1,924
1,805
2,207
2,012
20
11
2
.468
1
1,695
624
1,577
1,881
2,660
1,473
1,858
1,786
100
14
871
25,415
20,649
2,595
(Est.).
Apr.
.
.
May
June
.
,
July...
Aug
Sept.
.
871
852
66
64
103
140
146
145
12
226
770
780
1,990
868
2,596
3,008
1,040
1,430
260
298
33
7
1
21
386
7
2
469
1
'
1
22
26
1
2
Fiscal 1980
to date.
.
.
Expenditures other than investments
Assets, end of period
in-
Fiscal year
or month
crease
Benefit
payments
Administrative
expense
Construction
or de-
Investments
crease
(-)
in
assets
1966-71.
21,779
21,145
1972
1973
1974
1975
1976
1977
1978
6,276
6,842
8,065
10,612
12,579
3,404
15,207
17,862
6,109
6,649
7,807
10,355
12,270
3,315
14,912
17,415
1979
20,343
19,898
24,288
25,313
23,793
25,843
1,875
1,836
1,759
T.Q
1980
1981
(Est.).
1979-Oct
Nov
Sec
1980-Jan
Feb
Mar
Apr.
.
.
May
June
.
.
July...
Aug. .
jept.
.
.
Fiscal 1980
to date. .
.
Un-
expended
balance
3,104
3,103
3,030
73
-244
1,510
3,545
1,956
966
1,987
13,783
2,884
4,222
7,864
9,761
10,942
11,009
10,974
11,757
13,764
-25
112
167
681
2,859
4,369
7,914
9,870
10,836
10,948
11,115
11,796
492
470
1,127
6,226
14,888
22,798
14,656
22,778
1,826
1,805
1,729
49
-455
-262
583
13,328
13,066
13,649
12,929
12,662
13,107
399
404
2,025
1,854
2,211
2,129
2,203
2,089
1,985
1,819
2,159
2,077
2,164
2,050
39
35
-373
52
801
13,275
13,366
14,167
12,965
13,020
13,891
310
345
276
52
104
39
38
-159
987r
14,271
14,112
15,099r
14,104
13,859
14,745
253
354r
2,116
2,031
2,160
2,068
1,997
2,114
47
34
46
-539
-149
500
14,537
14,388
14,888
14,260
13,882
14,656
165
192
258
256
308
88
295
444
31
30
91
146
49
109
-106
-61
141
39
144
232
20
541
167
277
305
232
23,793
Source:
Monthly Treasury Statement of Receipts and Outlays of the
United States Government* Budget estimates are based on the 1981
Budget of the U.S. Government, released January 28, 1980
Includes nominal amounts of other receipts.
1/
Includes receipts and
interest from Railroad Retirement Accounts-net settlement of $16
million FY 1967, $44 miUon FY 1968, $54 million FY 1969, $64
million FY 1970, $66 million FY 1971, $66 million FY 1972, $63
million FY 1973, $99 million FY 1974, $127 million FY 1975,
$131 million FY 1976, $143 million Transition Quarter, and $214
million FY 1978.
Represents payments for military service credits of $11 million
2/
for each FY 1967 and 1968, $22 million FY 1969, $11 million
for each FY 1970 and 1971, and $48 million for each 1972, 1973,1974,
and 1975; and payment for transitional coverage for the uninsured of
$327
V
*
r
million FY 1967, $273 million FY 1968, $749 million FY 1969, $617
million FY 1970, $863 million FY 1971, $503 million FY 1972, $381
million FY 1973, $451 million FY 1974 and $451 million FY 1975.
FY 1976 includes $610 million for transitional coverage and $48 million
for military service credits.
FY 1977 includes $803 million for
transitional coverage and $141 million for military service credits.
FY 1978 includes $717 million for transitional coverage and
$143 million for military service credit.
FY 1979 estimates include
$734 million for transitional coverage and $141 million for military
service credits.
FY 1980 estimates include $655 million for
transitional coverage and $141 million for military service credits.
FY 1981 estimates includes $659 million for transitional coverage
and $141 million for military credits.
Excludes transactions for investments in non-Federal securities.
Less than $500,000.
Revised.
\
November 1980
131
^FINANCIAL OPERATIONS OF
GOVERNMENT AGENCIES AND FUNDS
Section III
Table GA-III-5.
-
-
Trust Funds
Federal Supplementary Medical Insurance Trust Fund
(In millions of dollars)
Receipts
Fiscal Year
or month
Total 1/
Federal
contributions
1967-71
8,941
4,437
4,414
1972
1973
2,734
2,902
3,809
4,336
4,980
1,421
7,383
9,045
1,340
1,427
1,579
1,750
1,769
492
1,987
2,186
1,365
1,430
2,029
2,330
2,939
878
5,053
6,386
9,840
2,373
6,841
10,275
12,468
2,637
2,978
6,932
8,737
431
197ii
1975
1976
T.Q
1977
1978
1979
1980
1981
(Est.).
1979-Oct
Nov
Dec
681
795
965
220
215
208
19S0-Jan
828
790
808
805
781
983
225
204
215
219
207
214
575
557
566
558
547
558
917
953
969
230
238
244
659
684
694
Feb
Mar
Apr.
May
June.
.
.
.
.
July...
Aug
Sept...
Fiscal 1980
to date. .
.
Expenditures other than investment
Interest
and profits on
investments
78
7
29
43
77
104
104
4
132
229
417
418
555
548
3
5
4
6
4
187
All
other
697
Benefit
payments
.. .
.
..
,
Treasury Bulletin
132
GOVERNMENT AGENCIES AND FUNDS
.FINANCIAL OPERATIONS OF
Section
Table GA-III-6.
III
Trust Funda
-
Railroad Retirement Accounts
-
(In millions of dollars)
Receipts
Fiscal year
or month
Total
Appropriations
1/
2/
1963-71
1972
1973
1974
1975
1976
T.Q
1977
1978
1979
1980
1981 (Est.;.
1979-Oct
Nov.
Dec
.
.
1980-Jan
Feb
Mar
Apr.
May.
June.
.
.
.
,
.
July...
Aug
Sept...
Expenditures other than Invest:ment3
Interest
and profits on
investments
,J^^
From FOASI
and FDI
All
trust
funds 3/
other
28,045
18,171
2,966
5,950
958
2,097
2,356
2,627
2,777
3,26f
258
262
254
274
246
749
82
103
3,597
3,887
4,175
4,400
5,043
1,008
1,189
1,411
1,489
1,525
328
1,908
1,822
2,190
2,312
2,950
64
621
226
55
9
360
212
261
337
3
10
1
38
27
404
409
214
62
81
50
23,189
22,087
2,199
2,480
2,679
3,083
3,482
2,107
2,419
2,649
3,05?
3,448
913
3,768
3,952
4.241
4,669
5,120
921
250
2
3,800
3,983
4,232
4,737
5,157
50
313
313
350
1
1,442
257
379
381
378
379
376
385
385
;'5
384
384
394
381
381
381
383
380
390
428
433
418
424
400
416
14
23
17
2
Benefit
payments
5/
31
4
1,208
1,618
1.477
1,442
1,542
194
333
201
385
207
403
Total
9
27
17
802
931
1,010
1,239
231
197
708
208
403
1,427
From
Unemployment
Trust
Fund 4/
11
-6
43
Fiscal 1980
to date
4,669
Expenditures other than Investments-Continued
Fiscal year
or month
1963-71
796 4/
1972
1973
1974
1975
1976
Administrative
expenses
6/
All
other
323
-17
60
20
12
35
20
22
25
28
6
3
T.Q
1977
1978
1979
1980
1981
To
Unemployment
Trust
Fund 4/
Net
lending to (-)
or from
Unemployment
insurance
account
6
7
7
(Est.)
1979-Oct. ..
Nov.
Dec...
.
.
31
11
32
5
40
28
-45
20
36
3
3
3
1980-Jan...
3
Feb.
..
Mar .
Apr.
May. .
June.
.
3
2
170
4,609
23
4,581
4,275
4,053
3,470
3,222
3,147
3,089
2,704
2,590
4,549
4,259
4,013
3,353
3,078
3,054
2,679
4,629
32
16
40
117
40
69
35
25
-39
-315
239
-153
2,727
2,966
2,813
2,688
2,963
3,105
-292
2,750
2,766
2,591
2,255
2,282
3,294
-296
1,033
2,454
2,777
2,600
2,333
2,252
3,285
-391
-29
-161
2,894
2,865
2,704
2,902
2,881
2,679
-8
-16
25
19
28
4,695
4,585
4,631
5
July..
Aug...
Sept..,
4,857
4,755
-124
-51
-305
-223
-583
-248
-76
-57
-338
-114
323
-177
-367
3
Fiscal 1980
to date.
.
3,182
39
3
12
9
-22
-30
-9
2,704
.
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government.
Budget estimates are based on the 1981 Budget of
the U.S. Government, released January 28, 1980.
l_/
Includes payment for military service credits beginning fiscal 1965.
Also includes Federal payment for dual benefits and interest transferred to Federal Hospital Hospital Insurance trust funds.
Includes the Government's contribution for creditable military service
2/
(45 U.S.C. 228c-l (n)) through fiscal 1964 and unappropriated transfers
of tax receipts, and beginning FY 1968 Includes transfers of receipts
to Federal Hospital Insurance trust fund of $44 million FY 1968, $54
million FY 1969, $61 million FY 1970, $63 million FY 1971, $64 million FY 1972, $61 million FY 1973, $96 million FY 1974, $132 million
FY 1975, $131 million FY 1976, $136 million Transition nuarter, and
$197 million FY 1978.
Estimates include transfers of receipts to
Federal Hospital Insurance of S181 million for FY 1979 and $211 million tor FY 1980.
2/ Payments are made between the Railroad Retirement Account and Federal
expended
balance
7/
assets
5
,
Un-
Investments
in
-358
4
.
(-),
4,856
-102
5
Assets, end of period
Net
increase
or decrease
4/
2/
6/
]_/
n.a.
Old-Age and survivors and Federal disability so as to place those
funds in the position in which they would have been if railroad employments after 1936 had been included in social security coverage
(45 U.S.C. 228e (k)).
For detail see Tables GA-III-2 and GA-III-3.
For detail see Table GA-IIt-7.
Receipts Include repayment and
interest.
Includes $62 million (1963-64) paid to Federal Old-Age and survivors
and disability Insurance trust funds and $16 million FY 1967 to Federal Hospital Insurance trust fund; beginning FY 1968 excludes transactions for investments in non-Federal securities; and includes payments to Railroad Unemployment Trust Fund of $5 million Fy 1970, $10
million FY 1971, $12 million FY 1972, $6 million FY 1973, and $5
million FY 1974.
Paid from the trust fund beginning 1950 (63 Stat. 297).
Includes unappropriated receipts,
Not available
*
Less than $500,000.
iJ:)
November 1980
FINANCIAL OPERATIONS OF
Section
GOVERNMENT AGENCIES AND FUNDS
III
-
Trust Funds
Table GA-III-7. - Unemployment Trust Fund
(In millions of dollars)
U4
X
.FINANCIAL OPERATIONS OF
rtasury bulletin
GOVERNMENT AGENCIES AND FUNDS
Section
III
-
Trust Funds
Table GA-III-7. - Unemployment Trust Fund-Continued
(In millions of dollars)
i:>y
November 1980
.FINANCIAL OPERATIONS OF
Section
Table GA-III-8.
-
GOVERNMENT AGENCIES AND FUNDS
III
-
Trust Funds
National Service Life Insurance Fund
(In millions of dollars)
Receipts
Fiscal year
or mon th
Total
n,203
1944-71
773
1972
1973
1974
1975
1976
T.O
1977
1978
1979
1980
1981 (Est.)..
1979-Oct
Nov
Dec
1980- Jan
Feb
Mar
Apr ....
May
June
.
.
July...
Aug. .
Sept...
.
Fiscal 1980
to date. .
.
38
39
37
329
39
46
37
Premiums and
other receipts
i-jyj
GOVERNMENT AGENCIES AND FUNDS
.FINANCIAL OPERATIONS OF
Section
Table GA-III-9.
-
-
III
Trust Funds
Investments of Specified Trust Accounts
and Agency Securities by Issues, as of
in
September
Public
30,
Debt Securities
1980
(In millions of dollars)
Investment securities
Federal Old-Age Federal
Disability
Insurance
Insurance
Trust Fund
Trust Fund
and Surviors
Type and rate
Payable
date
Issue
date
Federal
Hospital
Insurance
Trust Fund
Federal
Supplementary
Medical
Insurance
Trust Fund
Railroad
Retirement
Accounts
Unemployment
Trust Fund
Public issues:
Notes:
)-3/4
7
8
8-1/8
7-7/8
1/31/81
2/15/81
5/15/82
8/15/82
U/15/82
1/31/76
2/15/74
5/15/75
S/15/75
11/17/75
127
3
2
10
Bonds:
11-3/47.
2/15/05-10
2/15/80
3-1/2
11/15/80
8/15/81
6/15/78-83
8/15/84
5/15/75-85
5/15/85
11/15/86
2/15/90
5/15/90
8/15/87-97
2/15/88-93
8/15/88-93
2/15/93
5/15/89-94
8/15/94
2/15/95
8-1/4
2/15/95-00
8/15/95-00
8/15/96-01
5/15/00-05
7-5/8
2/15/02-07
10/03/60
8/15/71
5/01/53
8/15/72
4/05/60
6/03/58
11/15/71
2/14/58
4/7/75
8/15/62
1/17/63
8/15/73
2/18/73
4/18/63
8/15/74
2/15/55
10/03/60
5/15/74
2/18/73
8/15/75
8/16/76
5/15/75
2/15/77
6/30/81
6/30/81
6/30/81
6/30/81
6/30/81
10/01/80
8/06/80
7/01/80
6/30/80
8/01/80
Various
9/02/80
3/31/82
8/29/80
2/02/81
8/13/81
9/10/81
Various
Various
Various
7
3-1/4
6-3/8
4-1/4
3-1/4
6-1/8
3-1/2
8-1/4
4-1/4
4
7-1/2
7-7/8
4-1/8
8-3/4
3
3-1/2
8-1/2
7-7/8
8-3/8..
8
U/15/98
5/15/94-99
449
-
50
60
32
78
15
21
26
556
11
33
81
100
27
91
68
70
552
6
22
50
91
22
15
Total
Government account series:
Certificates:
8-7/87.
9
9-3/8
10-1/8
11-1/8
11-5/8
407
,465
Notes:
157.
Bills:
Bonds:
7-1/87..
7-3/8..
7-1/2..
7-5/8..
8-1/4..
8-3/4..
9-3/4..
Total.
2,266
1,367
2,849
678
1,556
1,273
1,706
310
543
584
519
450
1,048
2,047
20,565
7,377
Agency Securities;
Participation Certificates:
5.207.
5.10
6.40
6.05
6.45
6.20
Total
1/19/82
4/06/87
12/11/87
2/01/88
4/08/88
8/12/88
1/19/67
4/05/67
12/11/67
1/30/68
4/08/68
8/12/68
100
50
75
65
35
2
30
555
23,577
137
]^ovember 1980
CUMULATIVE TABLE OF CONTENTS
December 1979 through November 1980
Sept.
Ar C i c
1
e
:
Treasury financing operations
Federal fiscal operations
Summary of iscal operat ions
Budget receipts by source
Chart - Budget receipts by source
Budget outlays by agency
Undistributed offsetting receipts
Budget outlays by function
Investment transactions of Government accounts
in Federal securities (net)
Trust fund transactions
Selected accrual data reported by Federal
agencies
Detail of excise tax receipts
Summary of internal revenue collections by
States and other areas
:
Federal obligations
:
Monetary stat istics
Currency and Coin in Circulation
:
Federal debt
Summary of Federal debt
Computed interest charge and computed interest
rate on interest-bearing public debt
Interest -bearing public debt
Government account series
Interest -bearing securities issued by
Government agencies
Part icipation certificates
Maturity distribution and average length of
marketable interest-bearing public debt
Debt subject to statutory 1 imitat ion
Status and application of statutory limitation.
Treasury holdings of securities issued by
Government corporations and other agencies.
Description of securities of Government corporations and other business-type activities
held by the Treasury
:
.
Public debt operations
Maturity schedule of interest-bearing public
marketable securities other than regular
weekly and 52-week Treasury bills outstanding
Offering of bills
New money financing through regular weekly
Treasury bills
Offerings of public marketable securities other
than regular weekly Treasury bills
Unmatured marketable securities issued at a
premium or discount other than advance refunding operations
Allotments by investor classes on subscription
for public marketable securities
Disposition of public marketable securities
other than regular weekly Treasury bills
Foreign series securit ies Cnonmarke table)
issued to official institutions of foreign
countries
Foreign currency series securities (nonmarketable) issued to official institutions of
foreign countries
Foreign currency series securities issued to
residents in foreign countries
:
United States savings bonds
Sales and redemptions by series, cumulative....
Sales and redemptions by periods, all series
combined
Sales and redemptions by periods, Series E
through K
Redemption of matured and unmatured savings
bonds
Sales and redemptions by denominations, Series
E and H combined
Sales by States, Series E and H combined
:
United States savings notes
Sales and redemptions by periods
:
Ownership of Federal securities
Distribution by classes of investors and types
of issues
Estimated ownership by private investors
:
Treasury survey of ownership
-
commercial bank ownership
1
3
,
,
,
,
Account of the U.S. Treasury
Status of the Account of the U.S. Treasury
F.lements of changes in Federal Reserve and tax
and loan account balances
Gold assets and liabilities of the Treasury. ...
Treasury survey
,
,
Treasury Bulletin
138
CUMULATIVE TABLE OF CONTENTS
~
December 1979 through November 1980-Coiitinued
Issues and pagp numbers
Dec.
Market quotations on Treasury securities
En d-of -month closing quo cat ions
Chart - Yields of Treasury securities
:
Average yields of long-term bonds
Average yields of long-term Treasury, corporate
and municipal bonds
Chart - Average yields of long-term Treasury,
corporate, and municipal bonds
:
Exchange Stabilization Fund
Balance sheet
Income and expense
:
Hational bank reports
Operating income and expense, and dividends of
national banks, calendar year 1979
:
Internat ional financial statist ics
U.S. reserve assets
U.S. liquid and other liabilities to foreign
official inst i tut ions, and liquid liabilities
to all other foreigners
U.S. liquid and other liabilities to official
institutions of foreign countries by area
NonmarkeCable U.S. Treasury bonds and notes
issued to official institutions of foreign
countries
U.S. position in the International Monetary Fund
Weighted average of exchange rate changes for
the dollar
:
Capital movements
Liabilities to foreigners reported by banks in
the United States
Claims on foreigners reported by banks in the
United States
Supplementary liabilities and claims data reported by banks in the United States
Liabilities to foreigners reported by nonbanking
business enterprises in the U.S
Claims on foreigners reported by nonbanking
business enterprises in the U.S
Transactions in long-term securities by foreigners reported by banks and brokers in the
United States
:
Foreign Currency Positions
Summary
Canadian Dollar Positions
French Franc Posit ions
German Mark Positions
Italian Lira Positions
Japanese Yen Positions
Swiss Franc Positions
Sterling Positions
United States Dollar
Positions Abroad
:
Foreign currencies acquired by the U. S. Government without payment of dollars
Foreign currency transactions, summary and
country uses
Foreign currency transactions, U.S. uses and
trust funds
:
Financial operations of Government agencies and fund;
Government corporations and other business-type
act ivities:
Statements of financial condit ion
Statements of income and retained earnings
Statements of accounts receivable
Statements of loans receivable
Federal credit programs:
Direct sales and repurchases of loans
Direct and guaranteed loans outstanding
Trust funds:
Civil Service Retirement and Disability Fund....
Federal Old-Age and Survivors Insurance Trust
Fund
Federal Disability Insurance Trust Fund
Federal Hospital Insurance Fund
Federal Supplementary Medical Insurance
Trust Fund
Railroad Retirement Accounts
Unemployment Trust Fund
National Service Life Insurance Fund
Investments of specified trust accounts
80
@FedFRASER